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Date 6/20/2017620,000 31,000 Delivery charges Date put into service Salvage value Prepare the following entries Purchase and set up of the equipment Depreciation expense each
Date 6/20/2017620,000 31,000 Delivery charges Date put into service Salvage value Prepare the following entries Purchase and set up of the equipment Depreciation expense each vear until sale or disposal 75,000 Byr life 9/25/2020 Prepare the following entries a The equipment is sold for cash amount b The equipment is sold for cash amount cThe equipment is disposed of for no value 496,000 93,000
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