Ch. 9 to 12 Extra credit question 1

Journalize the transactions, partial balance sheet

Question 1 014/1 View Policies Show Attempt History Current Attempt in Progress At December 31, 2017, Riverbed Corporation reported the following plant assets Land $5,613,000 26.640,000 Buildings Less. Accumulated depreciation-buildings 22.311,675 4328,325 74,840000 Equipment depreciation-equipment 9.355,000 65,485000 Less: Accumulated $75.426,325 Total plant assets During 2018, the following selected cash transactions occurred Apr. 1 Purchased land for $4.116.200. 1.122.600when purchased on January 1.,2011. The equipment was sold for $318.070. 1 May Sold equipment that cost 1 Sold land for $2.993.600. The land cost $1.871,00o. on January June July 1 Pu nt for $2.058.100 Debit t Titles and Explanation Land 4136200 18020 "Cash Eqipmem (To record depreciation on equipment soldl 1871000 Equpment