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How would I calculate the amounts? Please show any work for each amount that is calculated. Ceda Co. has equipment that cost $84,000 and that
How would I calculate the amounts? Please show any work for each amount that is calculated. Ceda Co. has equipment that cost $84,000 and that has been depreciated $49,900. Record the disposal under the following assumptions. (a) It was scrapped as having no value. (b) It was sold for $22,600. (c) It was sold for $37,800 (Credit account titles are automatically indented when amount is entered. Do not indent manually. I no entry is required and enter O for the amounts.) No. Account Titles and Explanation Debit Credit (a) Accumulated Depreciation-Equipment 49900 Loss on Disposal of Plant Assets 4100 Equipment 84000 (b) Cash 22600 Accumulated Depreclation-Equipment 49900 Loss on Disposal of Plant Assets 84000 Equipment
How would I calculate the amounts? Please show any work for each amount that is calculated.
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