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can anyone help me with this? cntil the sale dare and iti the sale of the equphicnt General Ledger ASSETS REVENUE 410 Saies 610 Interest
can anyone help me with this?
cntil the sale dare and iti the sale of the equphicnt General Ledger ASSETS REVENUE 410 Saies 610 Interest Revenue 680 Gain on Sale of Delivery Truck 114 Interest Recelvable 621 Gain on Sale of Equipment 115 Notes Receivable 116 Merchandise Inventory EXPENSES 117 Supples 510 Cost of Merchandse Sold 119 Prepaid Insurance 520 Salaries Erpense 120 Land 521 Advertising Expense 123 Delivery Truck 522 Depreciaton Expense-Delvery Truck 124 Acoumulated Depreciation-Delvery Truck 523 Delvery Expense 125 Equipment 524 Repairs and Maintenance Expense 126 Acoumulated Depreciation-Equipmert 529 Seling Expenses 130 Mineral Rights 531 Rent Expense 131 Accumulated Depletion 532 Deprecason Expense-Equipment 132 Goodmili 533 Depletion Expense 133 Paterts 534 Amortization Expense-Patents 535 insurance Expinse LIABIUTIES 536 Supples Experse 210 Accourts Payable 539 Miscelaneous Epense 211 Salanes Payable 710. Irtwerest Expense 213. Sales Tax Payable 720 Loss on Sale of Delivery Truck 214 interest Payable 721 Loss on Ssle of Equipment 215 Notes Payable EQUITY 310 Common Stock 311 Retained Eamings 312 Dividends a. What was the book value of the equipment at December 31 the end of the lifth year? b. Assuming that the equpment was sold on Aprit 1 of the sixth year for 5111,415 , foumalize the entries fo record the forlowing Generalderenal instractions 1. Deoreciation for the 3 months untal the sale date. 2. The sale of the equgment How doe eroding mark Step by Step Solution
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