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Here are selected 2017 transactions of Bramble Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1,2007. The machine cost $
Here are selected 2017 transactions of Bramble Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1,2007. The machine cost $ 62.200 and had a useful life of 10 years with no June 30 Dec. 31 salvage value. Sold a computer that was purchased on January 1,2015. The computer cost $ 35,400 and had a useful life of 4 years with no salvage value. The computer was sold for $ 5,500 cash. Sold a delivery truck for $ 9,450 cash. The truck cost $ 24,000 when it was purchased on January 1.2014, and was depreciated based ona 5- year useful life with a $ 3,700 salvage value. Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable. Bramble Corporation Record entries in the order displayed in the problem statement. Credit account t when amount is entered. Do not indent manually, If no entry is required, select "No Entry for the occount titles and enter O for the amounts.)
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