Computer equipment (office equipment) purchased 6 years ago for $170,000, with an estimated life of 8 years and a residual value of $10,000, is now sold. (Appropriate entries for depreciation had been made for the first 6 years of use.) Question Content Area

a. Journalize the depreciation for the one-half year prior to the sale, using the straight-line method. If an amount box does not require an entry, leave it blank.

b. Journalize the sale of the equipment, assuming it is sold for $60,000 cash. If an amount box does not require an entry, leave it blank. blank - Select - - Select - Question Content Area

c. Journalize the sale of the equipment, assuming it is sold for $25,000 cash. If an amount box does not require an entry, leave it blank. blank

Computer equipment (office equipment) purchased 61/2 years ago for $170,000, with an estimated life of 8 years and a residual value of $10,000, is now sold. (Appropriate entries for depreciation had been made for the first 6 years of use.) a. Journalize the depreciation for the one-half year prior to the sale, using the straight-line method. If an amount box does not require an entry, leave it blank. b. Journalize the sale of the equipment, assuming it is sold for $60,000 cash. If an amount box does not require an entry, leave it blank. c. Journalize the sale of the equipment, assuming it is sold for $25,000 cash. If an amount box does not require an entry, leave it blank