As part of a major renovation at the beginning of the year, Bonham's Bakery sold shelving units (store fixtures) that were 17 years old for $2,000 cash. The original cost of the shelves was $6,700 and they had been depreciated on a straight-line basis over an estimated useful life of 19 years with an estimated residual value of $1,000. Record the sale of the shelving units. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the sale of the shelving units. Notel Enter debits before credits