INSTRUCTIONS: In the appropriate columns, insert the letters of the accounts to be debited and credited in recording the following transactions. (Do not record amounts.)

ACCOUNTS

A. Accounts Receivable

B. Accumulated Depletion

C. Accumulated DepreciationEquipment

D. Amortization ExpensePatents

E. Cash

F. Depletion Expense

G. Equipment

H. Gain on Disposal of Fixed Assets

I. Goodwill

J. Loss on Disposal of Fixed Assets

K. Loss from Impaired Goodwill

L. Depreciation Expense

M. Legal Expense

N. Patents

TRANSACTIONS	Debit	Credit
0. Recorded amortization of patents, $12,500 ..................................................	D	N
12. Goodwill of $25,000 was impaired...................................................................
34. Legal costs of $10,000 were paid in obtaining a patent ..............................
56. Recorded equipment depreciation, $35,000 .................................................
78. Discarded equipment: cost, $50,750; accumulated depreciation, $49,750
910. Sold for $6,000 cash the following equipment: cost, $27,500; accumulated depreciation, $25,000 ................................................................
1112.. Sold on account for $7,000 the following equipment: cost, $22,000; accumulated depreciation, $14,000 ................................................................
1314.. Recorded depletion, $25,000 ...........................................................................