Question
Culver Co. has equipment that cost $ 79,900 and that has been depreciated $ 50,500. Record the disposal under the following assumptions. (a) It was
Culver Co. has equipment that cost $ 79,900 and that has been depreciated $ 50,500. Record the disposal under the following assumptions.
(a) | It was scrapped as having no value. | |
(b) | It was sold for $ 23,800. | |
(c) | It was sold for $ 32,100. |
(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.)
No. | Account Titles and Explanation | Debit | Credit |
---|---|---|---|
(a) | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount | |
(b) | enter an account title | enter a debit amount | enter a credit amount |
enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount | |
enter an account title | enter a debit amount | enter a credit amount | |
(c) | enter an account title | enter a debit amount | enter a credit amount |
enter an account title |
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