Marigold Company has an old factory machine that cost $$47,000.$ The machine has accumulated depreciation of $$26,320.$ Marigold has decided to sell the machine. $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

$($a$)$ What entry would Marigold make to record the sale of the machine for $$23,320$ cash?

$($b$)$ What entry would Marigold make to record the sale of the machine for $$13,320$ cash?

No$.$

Account Titles and Explanation

Debit

Credit

$($a$)$

enter an account titleCorrect answer

enter a debit amount Correct answer

enter a credit amount Correct answer

enter an account titleCorrect answer

enter a debit amount Incorrect answer

enter a credit amount Incorrect answer

enter an account titleCorrect answer

enter a debit amount Correct answer

enter a credit amount Correct answer

enter an account titleCorrect answer

enter a debit amount Correct answer

enter a credit amount Correct answer

$($b$)$

enter an account titleCorrect answer

enter a debit amount Correct answer

enter a credit amount Correct answer

enter an account titleCorrect answer

enter a debit amount Correct answer

enter a credit amount Correct answer

enter an account titleCorrect answer

enter a debit amount Incorrect answer

enter a credit amount Incorrect answer

enter an account titleCorrect answer

enter a debit amount Correct answer

enter a credit amount Correct answer