Exercise 9-7 Pharoah Company has delivery equipment that cost $49,800 and has been depreciated $23,000. ered Dono inter manua . Record entries or the disposal underthe ollowing assumptions. Credit account it es are automat ca y no entry is required, select "No Entry"or the account titles and enter 0 for the amounts.) de te w am o se (a) It was scrapped as having no value. (b) It was sold for $37,500. (c) It was sold for $19,100 No. Account Titles and Explanation Debit Credit