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Do It! Review 9-03 Ayayai Company has an old factory machine that cost $40,000. The machine has accumulated depreciation of $22,400. Ayayai has decided to
Do It! Review 9-03 Ayayai Company has an old factory machine that cost $40,000. The machine has accumulated depreciation of $22,400. Ayayai has decided to sell the machine. (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 0 for the amounts.) (a) What entry would Ayayai make to record the sale of the machine for $19,400 cash? (b) What entry would Ayayai make to record the sale of the machine for $9,400 cash? No. Account Titles and Explanation Debit Credit (a) Click if you would like to show Work for this question: Open Show Work
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