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Huang Furniture Company showed the following adjusted account balances on September 30, 2020: Equipment......... $ 56,000 Accumulated depreciation, equipment. 39,000 Machinery.......... 109,000 Accumulated depreciation, machinery....

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Huang Furniture Company showed the following adjusted account balances on September 30, 2020: Equipment......... $ 56,000 Accumulated depreciation, equipment. 39,000 Machinery.......... 109,000 Accumulated depreciation, machinery.... 96,000 Delivery truck....... 48,000 Accumulated depreciation, delivery truck....... 33,000 Furniture.... 26,000 Accumulated depreciation, furniture...... 21,000 Prepare the entries to record the following on October 1, 2020: a. Equipment was sold for cash of $17,000. b. Machinery was sold for cash of $27,000. c. Delivery truck was sold for cash of $11,000. d. Furniture was given to a charity

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