$($a$)$ Wildhorse Co$.$ retires its delivery equipment, which cost $$40,850.$ Accumulated depreciation is also $$40,850$ 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 $$37,110$ instead of $$40,850.$

No$.$ Account Titles and Explanation

Debit

Credit

$($a$)$

Accumulated Depreciation$-$Equipment

$($b$)$

Accumulated Depreciation$-$Equipment