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As part of a major renovation at the beginning of the year, Bonham's Bakery sold shelving units (store fixtures) that were 13 years old for
As part of a major renovation at the beginning of the year, Bonham's Bakery sold shelving units (store fixtures) that were 13 years old for $1,900 cash. The original cost of the shelves was $6,600 and they had been depreciated on a straight-line basis over an estimated useful life of 15 years with an estimated residual value of $900. Record the sale of the shelving units. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the sale of the shelving units. Note: Enter debits before credits. Transaction General Journal Debit Credit As part of a major renovation at the beginning of the year, Bonham's Bakery sold shelving units (store fixtures) that were 13 years old for $1,900 cash. The original cost of the shelves was $6,600 and they had been depreciated on a straight-line basis over an estimated useful life of 15 years with an estimated residual value of $900. Record the sale of the shelving units. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit
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