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Current Attempt in Progress Marigold Corporation owns machinery that cost $21.600 when purchased on July 1, 2017. Depreciation has been recorded at a rate of

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Current Attempt in Progress Marigold Corporation owns machinery that cost $21.600 when purchased on July 1, 2017. Depreciation has been recorded at a rate of $2.592 per year, resulting in a balance in accumulated depreciation of $9,072 at December 31, 2020 The machinery is sold on September 1, 2021. for $11.340 Prepare journal entries toll update depreciation for 2021 and enter for the amounts) record the sale. Credit account titles are automatically indented when amount interd. Do not indent manually. If no entry is required, select "No Entry for the account titles and No. Account Titles and Explanation Debit Credit

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