Greenscape Landscaping purchased a tractor at a cost of $$27,000$ and sold it three years later for $$14,400.$ Greenscape recorded depreciation using the straight$-$line method, a five$-$year service life, and a $$3,500$ residual value. Tractors are included in the Equipment account.

Required:

Record the sale. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

Record the sale of tractor.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[1,,,],[,,,],[,,,]]$