Garcia Co. owns equipment that cost $76,800, with accumulated depreciation of $40.800. Garcia sells the equipment for cash Record the sale of the equipment under the following three (2) $36,000 cash, and (3) $31,000 cash. separate cases assuming Garca sells the equipment for $47,000 cash, Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $47,000 cash. Debit Next