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fill out for all 3 a- it was scraped as having no value b- it was sold for $36,000 c- it was solf cor $19,100
fill out for all 3
Ivanhoe Company has delivery equipment that cost $52,500 and has been depreciated $24.400 Prepare a tabular summary to record the disposal under the following assumptions. (a) It was scrapped as having no value. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) - Liabilities + Sto Assets Cash + Cor + Equipment Accum. Depr.- Equip $ Bal $ $ $ (a) It was scrapped as having no value. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) lities + Stockholders' Equity Retained Earnings Expense Dividend + Common Stock + Revenue $ $ e Textbook and Media a- it was scraped as having no value
b- it was sold for $36,000
c- it was solf cor $19,100
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