Culver Company has an old factory machine that cost $59,000. The machine has accumulated depreciation of $33,040. Culver has decided to sell the machine. (List all debit entries before credit entries. 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 O for the amounts.) (a) (b) What entry would Culver make to record the sale of the machine for $30,040 cash? What entry would Culver make to record the sale of the machine for $20,040 cash? No. Account Titles and Explanation Debit Credit 20

Culver Company has an old factory machine that cost $9,000. The machine has accumulated depreciation of $33,040. Culver has derided to cell the machine fitst all debit entrfes before eredit entries. Credtt occount tittes are automallcalfy indented when amount is entered, Do not indent manually if no entry is required, select "No Entry" for, the account tilles and enter o for the amounts) (a) What entry would Culver make to record the sale of the machine for $30,040 cash? (b) What entry would Culver make to record the sale of the machine for $20040 eath