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Garcia Company owns equipment that cost $80,800, with accumulated depreciation of $42,800. Record the sale of the equipment under the following three separate cases assuming
Garcia Company owns equipment that cost $80,800, with accumulated depreciation of $42,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,000 cash, (2) $38,000 cash, and (3) $32,900 cash. View transaction list Journal entry worksheet A B C Record the sale of equipment assuming Garcia sells the equipment for $50,000 cash. Note: Enter debits before credits. Ceneral launal Makit Condi < A B C Record the sale of equipment assuming Garcia sells the equipment for $38,000 cash. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Record entry Clear entry View general journal < A B Record the sale of equipment assuming Garcia sells the equipment for $32,900 cash. Note: Enter debits before credits. Transaction 3 General Journal Debit Credit Record entry Clear entry View general journal
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