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Grouper Corporation owns machinery that cost $ 2 3 , 6 0 0 when purchased on January 1 , 2 0 2 3 . Depreciation
Grouper Corporation owns machinery that cost $ when purchased on January Depreciation has been recorded at a
rate of $ per year, resulting in a balance in accumulated depreciation of $ at December The machinery is sold on
September for $
a
Prepare the journal entry to update depreciation for Credit account titles are automatically indented when the amount is
entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List debit entry
before credit entry.
Date Account Titles and Explanation
Debit
Credit
September
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