Garcia Co. owns equipment that cost $80,000, with accumulated depreciation of $42,400. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $49,400 cash, (2) $37,600 cash, and (3) $32,500 cash View transaction list Journal entry worksheet A B C Record the sale of equipment assuming Garcia sells the equipment for $49,400 cash Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Journal entry worksheet A c Record the sale of equipment assuming Garcia sells the equipment for $37,600 cash Note: Enter debits before credits Transaction General Journal Debit Credit 2 View general journal Record entry Clear entry Journal entry worksheet A B Record the sale of equipment assuming Garcia sells the equipment for $32,500 cash Note: Enter debits before credits. Credit Transaction General Journal Debit 3 Clear entry Record entry View general journal