(a) (b) Carla Vista Co. retires its delivery equipment, which cost $46,700. Accumulated depreciation is also $46,700 on this delivery equipment. No salvage value is received. (b) Assume the same information as in part (a), except that accumulated depreciation for the equipment is $37,660 instead of 46,700. No. Account Titles and Explanation (a) Accumulated Depreciation-Equipment Equipment Accumulated Depreciation-Equipment Equipment Loss on Disposal of Land Debit 46700 9040 Credit 46700 9040 37660

(a) Carla Vista Co, retires its delivery equipment, which cost $46,700. Accumulated depreciation is also $46,700 on this deliver equipment. No salvage value is received. (b) Assume the same information as in part (a), except that accumulated depreciation for the equipment is $37,660 instead of 46,700