men purchased an annuary 1, 2015. for 100.000 the bad and years and animated rate of on. The catherine method Amine the only 1, 2017, and receved 517,000 cash and a note for an tional $15.000 1. va naye the effect of the traction for depromtion for 2017 Depreciation opens Increase Armulated Depreciation Increase Set Bachcomment w does this entry tect me accounting equation of financial statement item is not affected, select "No Entry and leave the amount box blank. If the effect on financial statement is negativeLe De sur wwwthaminus in Hememberita contra account is increased it will have the effect of decreasing the corresponding financial statement item Balance Sheet Income Statement Stockholders Aarata Labelties Equity Revenues Expenses No tay ily and the ed of the sale of the asset Active 2015, for $60,000. The asset had an estimated Ite of six years and an estimated residual value of $6,000. The company used the straight-line method to received $17,000 cash and a note for an additional $13,000 lepreciation for 2017 mulated Depreciation - Asset Increase financial statement item is not affected, select "No Entry" and leave the amount box blank. If the effect on a financial statement item is negative, la Remember: if a contra account is increased, it will have the effect of decreasing the corresponding financial statement item ance Sheet Income Statement Net Stockholders' Equity Liabilities Revenues Expenses Income Na Entry Chapter 8 Identify and the effect of the sale of these Activity NUM How does this entry was the counting equation if a financial statement item is not affected, select Montry and leave them to the effect on a financial statement decrease be sure to enter then with a minus in ferrumber if a contra account is incred, it will have the fedt of decrease the corresponding and statement Balance Sheet Income Statement Stockholders Assets Lalities Equity Revenue Espen + 2. How should the gain or the sale of the set beresented on the income statement? The aim of loss should appear in the of the income went to indicate that part of the normal pertinacity of the company Previous DEHY VON is not affected, select "No Entry" and leave the amount box blank. If the effect on a financial statement item is negative, ., a account is increased, it will have the effect of decreasing the corresponding financial statement item Income Statement Stockholders Equity Revenues Expenses Net Income come statement Fement to indicate that it pact of the normal operating activity of the company. Previous Net) men purchased an annuary 1, 2015. for 100.000 the bad and years and animated rate of on. The catherine method Amine the only 1, 2017, and receved 517,000 cash and a note for an tional $15.000 1. va naye the effect of the traction for depromtion for 2017 Depreciation opens Increase Armulated Depreciation Increase Set Bachcomment w does this entry tect me accounting equation of financial statement item is not affected, select "No Entry and leave the amount box blank. If the effect on financial statement is negativeLe De sur wwwthaminus in Hememberita contra account is increased it will have the effect of decreasing the corresponding financial statement item Balance Sheet Income Statement Stockholders Aarata Labelties Equity Revenues Expenses No tay ily and the ed of the sale of the asset Active 2015, for $60,000. The asset had an estimated Ite of six years and an estimated residual value of $6,000. The company used the straight-line method to received $17,000 cash and a note for an additional $13,000 lepreciation for 2017 mulated Depreciation - Asset Increase financial statement item is not affected, select "No Entry" and leave the amount box blank. If the effect on a financial statement item is negative, la Remember: if a contra account is increased, it will have the effect of decreasing the corresponding financial statement item ance Sheet Income Statement Net Stockholders' Equity Liabilities Revenues Expenses Income Na Entry Chapter 8 Identify and the effect of the sale of these Activity NUM How does this entry was the counting equation if a financial statement item is not affected, select Montry and leave them to the effect on a financial statement decrease be sure to enter then with a minus in ferrumber if a contra account is incred, it will have the fedt of decrease the corresponding and statement Balance Sheet Income Statement Stockholders Assets Lalities Equity Revenue Espen + 2. How should the gain or the sale of the set beresented on the income statement? The aim of loss should appear in the of the income went to indicate that part of the normal pertinacity of the company Previous DEHY VON is not affected, select "No Entry" and leave the amount box blank. If the effect on a financial statement item is negative, ., a account is increased, it will have the effect of decreasing the corresponding financial statement item Income Statement Stockholders Equity Revenues Expenses Net Income come statement Fement to indicate that it pact of the normal operating activity of the company. Previous Net)