Crane Company has delivery equipment that cost $50,200 and has been depreciated $23,800. Record entries for the disposal under the following assumptions. (Credit account titles are automatically indented when 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.) (a) (b) (c) No. Account Titles and Explanation (a) It was scrapped as having no value. It was sold for $37,900. It was sold for $18,800. (b) Accumulated Depreciation-Equipment Debit Credit

Crane Company has delivery equipment that cost $50,200 and has been depreciated $23,800. Record entries for the dispoal under the following assumptions. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) (a) It was scrapped as having no value. (b) It was sold for $37,900. (c) It was sold for $18,800