Coffee Time Catering Service purchased equipment on January 8, 2016 for $61.600 The equipment is expected to fast six years and to have a residual value of 54,000 Suppose Coffee Time sold the equipment for $43.300 on December 29, 2020. Journalize the sale of the equipment, assunting straight-ne amortization is used b. Suppose Coffee Time sold the equipment for $23.800 on December 29, 2020 Joumalize the sale of the equipment, assuming straight-ine amortization is used 1. Suppose Coffee Time sold the equipment for 543300 on December 29, 2020. Journalize the sale of the equipment assuming straight line amortization is used Record debits first, then credits. Exclude explanations from ournal entries General Journal Credit Accounts Debit b. Suppose Coffee Time sold the equipment for $23.800 on December 29, 2020 Joumalize the sale of the equipment, assuming straight-line amortization is used General Journal Accounts Debit Credit