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Ivanhoe Co. has equipment that cost $3,000 and has been depreciated $32,000. Record entries for the disposal under the following assumptions. (Credit occount titles are

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Ivanhoe Co. has equipment that cost $3,000 and has been depreciated $32,000. Record entries for the disposal under the following assumptions. (Credit occount titles are automatically indented when the amou entered. Do not indent manually . If no entry is required, select "No Entry for the account titles and enter for the amounts.) {a) It was scrapped as having no value. (b) It was sold for $23.000 c) It was sold for $18,000 No. Account Titles and Explanation (a) Debit Credit 1 (6) (c) Bob 30 90 ES A NO & 3 $ 4 5 6 7 8 W E R T Y S D F G I J Debit Credit No. Account Titles and Explanation (a) (b) I (c)

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