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Ch 9 Homework Question 6 of 10 0.18/1 On September 30, 2022, the company sold old equipment for $46,000. The equipment was purchased on January
Ch 9 Homework Question 6 of 10 0.18/1 On September 30, 2022, the company sold old equipment for $46,000. The equipment was purchased on January 1, 2020, for $96,000 and was estimated to have a $16,000 salvage value at the end of its 5-year life. Depreciation on the equipment has been recorded through December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit ber 30, 2022 Accumulated Depreciation-Equipment (To record depreciation expense for the first 9 months of 2022) Loss on Disposal of Plant Assets Accumulated Depreciation-Equipment (To record sale of delivery equipment) $6,000
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