As part of a major renovation at the beginning of the year, Bonham's Bakery sold shelving units (store fixtures) that were 8 years old for $2,800 cash. The original cost of the shelves was $7,200 and they had been depreciated on a straight-line basis over an estimated useful life of 10 years with an estimated residual value of $1,500. 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. View transaction list Journal entry worksheet 1 Record the sale of the shelving units. Note: Enter debits before credits. Transaction a General Journal Debit Credit Record entry Clear entry View general journal