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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 10 years old or

image text in transcribed As part of a major renovation at the beginning of the year, Bonham's Bakery sold shelving units (store fixtures) that were 10 years old or $2,600 cash. The original cost of the shelves was $7,300 and they had been depreciated on a straight-IIne basis over an estimated Iseful Iffe of 12 years with an estimated residual value of $1,600. 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 fleld. Journal entry worksheet Record the sale of the shelving units. Note: Enter debits before credits

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