Date Account Titles and Explanation Debit Credit Apr. 1 Land Cash Mortgage Payable May 1 Depreciation Expense Accumulated Depreciation - Equipment (To record depreciation expense) May 1 Cash Accumulated Depreciation - Equipment Equipment Loss on Disposal (To record loss/gain on sale of equipment) June 1 Cash Notes Receivable Land Gain on Disposal (To record loss/gain on sale of land) July 1 2 Equipment Cash Dec. 31 Depreciation Expense Accumulated Depreciation - Equipment (To record depreciation expense) Dec. 31. Accumulated Depreciation - Equipment (To record the retirement of equipment) (To record impairment loss) Record any adjusting entries required at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indeat manually. If newry is Entry for the countries and one for the amounts Rowd answers to decimal places 5.275.) set Debat Date Account Titles and Explanation Dec 31 Depreciation Expense (To record de expense on buildings) Dec 31 (to record d e Dec. 31 (To record interest expense) Prepare the property, plantandement section of the company's s t ofnancial pot e mber 31. ty. Planta t ion BLOSSOM LIMITED Statement of Financial Position (Partiel) Dec 31, 2018 Property, plant and opent Land Less Accumulated Depreciation - Buddings Less accumulated Depreciation Equipe Total Property