Instructions e of 12 years, has an estimated residual Equipment gured on January at a cost of $11.950, has an estimated us straige metod book A. Wur www Asum montre une e of the equipment at December 31 the end of the fourth year? WIT BONORAT of the year for $60.668. junate the entries to record (1) deprecarion for the i a of the equipment. Peter to the Chart of cows for exact worting of account e saw ons Chart of Accounts CHART OF ACCOUNTS General Ledger REVENUE ASSETS 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 620 Gain on Sale of Delivery Truck 112 Accounts Receivable 114 Interest Receivable 621 Gain on Sale of Equipment 115 Notes Receivable 116 Merchandise Inventory 117 Supplies EXPENSES 510 Cost of Merchandise Sold 520 Salaries Expense 119 Prepaid Insurance 120 Land 123 Delivery Truck 124 Accumulated Depreciation-Delivery Truck 125 Equipment 521 Advertising Expense 522 Depreciation Expense-Delivery Truck 523 Delivery Expense 524 Repairs and Maintenance Expense 529 Selling Expenses 531 Rent Expense 532 Depreciation Expense-Equipment 126 Accumulated Depreciation Equipment 130 Mineral Rights 131 Accumulated Depletion 533 Denlation Franse First Question and is depreciated by the A. What was the book value of the equipment at December 31 the end of the fourth your? year for $69.655, journalize the entries to record the following refer to the Chart of Accounts for exact wording of account Assuming that the equipment was sold on April of the atles): 1. Decoration for the three months the sale date PAGE 1 ACCOUNTING EQUATION JOURNAL ASSETS LIABILITIES QUITY POST. REF. DESCRIPTION 2. The sale of the equipment ACCOUNTING EQUATION JOURNAL on Journal PAGE 1 JOURNAL ACCOUNTING EQUATION POST.RU CREDIT ASSETS LIABILITIES EQUITY 2. The sale of the equipment PAGE 2 ACCOUNTING EQUATION JOURNAL DESCRIPTION POST. REF. DENT CREDIT ASSETS ABILITIES EQUITY