About Company purchased a computer that cost dollar 10, 000. It had an estimated useful life of 5 years and no residual value. The computer was depreciated by the straight-line method and was sold at the end of the fourth year of use for dollar 3,000 cash. What is the journal entry to record the sale of the computer? On November 1, 2015, New Morning Bakery signed a dollar 200, 000, 6 percentage, six-month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2016. New Morning Bakery should record what adjusting entries at December 31, 2015? What is the journal entry on May 1, 2016