An aging of accounts receivable may be used to estimate the amount of accounts receivable that a company is likely not to collect. True or False Chi September 10. 2014. Barden Company sold a pice of equipment for $3,000. The equipment had an original cost of $17,000 and accumulated depreciation of $15,500 at the tune of the sale. Which of the following correctly shows the effect of the sale on the 2014 financial statementsf? Choice A Choice B Choice C Choice D Companies that offer warranties on their products record the warranty expense at the time they provide service to customers under the terms of the warranty. True or False Which of the following represents the normal sequence of items presented in the Stockholders' Equity section of a corporation's balance sheet? Stock accounts. Paid-in Capital in Excess accounts. Retained Earnings. Treasury Stock Stock accounts. Paid-in Capital in Excess accounts. Treasury Stock. Retained Earnings Stock accounts. Treasury Stock. Paid-in Capital in Excess accounts. Retained Earnings Retained Earnings. Stock accounts. Paid-in Capital in Excess accounts. Treasury Stock