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Brief Exercise 10-9 Prepare journal entries to record the following. Sound Tracker Company retires its delivery equipment, which cost $50,000. Accumulated depreciation is also $50,
Brief Exercise 10-9 Prepare journal entries to record the following. Sound Tracker Company retires its delivery equipment, which cost $50,000. Accumulated depreciation is also $50, on this delivery equipment. No salvage value is received. (Credit account titles are automatically indented w amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tit and enter 0 for the amounts.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT Sound Tracker Company retires its delivery equipment, which cost $50,000. Accumulated depreciation is $38,800, the delivery equipment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT
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