Exercise $7-17($Algo$)$ Part $2$

$2.$ Assume the tractor was sold for $$11,800$ instead of $$18,800.$ Record the sale. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

Record the sale of tractor.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[1,$Cash,$11,800,],[,$Accumulated Depreciation,$20,700,],[,$Loss,,$],[,$Equipment,,$37,000],[,,,]]$

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