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Do It! Review 9-3 Your answer is partially correct. Try again. Flint Company has an old factory machine that cost $61,750. The machine has accumulated

image text in transcribed Do It! Review 9-3 Your answer is partially correct. Try again. Flint Company has an old factory machine that cost $61,750. The machine has accumulated depreciation of $34,580, Flint 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 Flint make to record the sale of the machine for $30,875 cash? (b) What entry would Flint make to record the sale of the machine for $18,525 cash? No. Account Titles and Explanation (a) Cash Machine Debit Credit 30875 Accumulated Depreciation-Equipment 61750 C 34580 Gain on Disposal of Plant Assets 3705 112 (b) Cash 18525 C D 61750 Machine Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets 34580 C 8645 Click if you would like to Show Work for this question: Den Show. Work Acticate Windows Go to Setting hate Windows

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