Garcia Company owns equipment that cost $76,800, with accumulated depreciation of $40,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $47,000 cash (2) $36,000 cash, and (3) $31,000 cash. View transaction list Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $47,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 E Record entry Clear entry View general journal Garcia Company owns equipment that cost $76,800, with accumulated depreciation of $40,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $47,000 cash (2) $36,000 cash, and (3) $31,000 cash. View transaction list Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $36,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 S Record entry Clear entry View general journal Garcia Company owns equipment that cost $76,800, with accumulated depreciation of $40,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $47,000 cash, (2) $36,000 cash, and (3) $31,000 cash. View transaction list Journal entry worksheet