Answer The three part question
Required: 1. Prepare the journal entry for the disposal of the airplanes, assuming that the airplanes sold for: Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. $15,400,000cash b. $17,200,000 cash c. $15,100,000 cash Journal entry worksheet Record the disposal of the aircraft, assuming the aircraft were sold for $15,400,000 cash. Note: Enter debits before credits. Required information [The following information applies to the questions displayed below.] At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Primo Fitness, an established supplier of used, new and refurbished gym equipment in Southern California. The machines immediately were overhauled and started operating. The machines were different; therefore, each had to be recorded separately in the accounts. By the end of the first year, each machine had been operating 5,900 hours. Required: 1. Compute the cost of each machine. Required: 1. Prepare the journal entry for the disposal of the airplanes, assuming that the airplanes sold for: Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. $15,400,000 cash b. $17,200,000 cash c. $15,100,000 cash Journal entry worksheet Record the disposal of the aircraft, assuming the aircraft were sold for $15,400,000 cash. Note: Enter debits before credits. Required information [The following information applies to the questions displayed below.] At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Primo Fitness, an established supplier of used, new and refurbished gym equipment in Southern California. The machines immediately were overhauled and started operating. The machines were different; therefore, each had to be recorded separately in the accounts. By the end of the first year, each machine had been operating 5,900 hours. Required: 1. Compute the cost of each machine. Required: 1. Prepare the journal entry for the disposal of the airplanes, assuming that the airplanes sold for: Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. $15,400,000cash b. $17,200,000 cash c. $15,100,000 cash Journal entry worksheet Record the disposal of the aircraft, assuming the aircraft were sold for $15,400,000 cash. Note: Enter debits before credits. Required information [The following information applies to the questions displayed below.] At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Primo Fitness, an established supplier of used, new and refurbished gym equipment in Southern California. The machines immediately were overhauled and started operating. The machines were different; therefore, each had to be recorded separately in the accounts. By the end of the first year, each machine had been operating 5,900 hours. Required: 1. Compute the cost of each machine. Required: 1. Prepare the journal entry for the disposal of the airplanes, assuming that the airplanes sold for: Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. a. $15,400,000 cash b. $17,200,000 cash c. $15,100,000 cash Journal entry worksheet Record the disposal of the aircraft, assuming the aircraft were sold for $15,400,000 cash. Note: Enter debits before credits. Required information [The following information applies to the questions displayed below.] At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Primo Fitness, an established supplier of used, new and refurbished gym equipment in Southern California. The machines immediately were overhauled and started operating. The machines were different; therefore, each had to be recorded separately in the accounts. By the end of the first year, each machine had been operating 5,900 hours. Required: 1. Compute the cost of each machine