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California Utilities owns a power plant that consists of the following assets, all acquired on January 1 , 2 0 2 0 . Building Machinery
California Utilities owns a power plant that consists of the following assets, all acquired on January
Building
Machinery
Other
equipment
Note: round composite depreciation rate and composite useful life to two decimals; round all other amounts to the nearest whole number.
Assume that all of tye Other equipment was sold in for $ cash. The journal entry for the sale of that equipment includes
A credit to Cash account by $
A debit to Accumulated Depreciation account by $
A debit to Accumulated Depreciation account by $
A credit to Other Equipment account by $
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