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Cullumber Co . has delivery equipment that cost $ 5 5 , 0 0 0 and has accumulated depreciation of $ 2 7 , 2

Cullumber Co. has delivery equipment that cost $55,000 and has accumulated depreciation of $27,200.
Record entries for the disposal under the following assumptions. (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. List all debit entries
before credit entries.)
a. It was scrapped as having no value.
b. It was sold for $42,000.
c. It was sold for $25,000.
No. Account Titles and Explanation
Debit
Credit
a.
b.
c.
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