Jan. 1: Retired a piece of machinery that was purchased on jan 1 2010. the machine cost $63,300 on that date. it had a useful life of 10 years with no salvage value

June 30.:Sold a computer that was purchased on January 1, 2017. The computer cost $45,000. It had a useful life of 5 years with no salvage value. The computer was sold for $14,300.

Dec.

31

Discarded a delivery truck that was purchased on January 1, 2016. The truck cost $34,560. It was depreciated based on a 6-year useful life with a $3,000 salvage value.

(June 30)

Accumulated depreciation-equipment (debit)___________

gain on disposal of plant assets (credit)___________

Dec.31 - depreciation expense (debit)___________

- accumulated depreciation-equipment (credit)__________

- loss on disposal of plant assets (debit)_____________