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Current Attempt in Progress Crane Company owns equipment that cost $107.000 when purchased on January 2, 2021. It has been depreciated using the straight-line method

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Current Attempt in Progress Crane Company owns equipment that cost $107.000 when purchased on January 2, 2021. It has been depreciated using the straight-line method based on estimated residual value of $5.000 and an estimated useful life of five years Following are the four independent situations. Prepare Crane Company's journal entry to record the sale of the equipment for $47.900 on January 2, 2024. (Credit account titles are outomatically indented when the amount is entered Do not indent manually. If no entry is required, select "No Entry for the account title and enter for the amounts) Debit Credit Date Account Titles and Explanation Jan 2 (To record disposal of equipment IE Prepare Crane Company's journal entry to record the sale of the equipment for $47.900 on May 1, 2021. Ceditoccountitle are automatically Indented when the amounts entered Do not inden mano entry required, select "Me Entry for the account thes and enter for the amounts) Date Account Titles and Explanation Debit Credit May 1 (To record of Prepare Company's journal entry to record theme for 528500 nary2.2004 Credit citescrotomy indented when the amount bentered one intention for the accounts and enter for the amounts) Date Account Titles and Explanation Tor CH account titles and enter for the amounts) Date Account Titles and Explanation Jan 2 Debit Credit To record diposa el equipment Prepare Crane Company journal entry to record the sale of the commentfor $28.500 on October 1.2024 estre automatically indeed when the amount is entered Doroindent mentioned to the cendenter for the amounts) Debit Credit Date Account Titles and Explanation OL Prepare Crane Company's journal entry to record the sale of the equipment for $28.500 on October 1.2024. Credit account tides are automatically indented when the amount is entered. Do not Indent manual no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit (To record disposal of euipment)

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