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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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