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NAME Chapter Berman Company Sold equipment on July 31, 2022 for $60,000. The equipment had cost $125,000 and had $70.000 of accumulated depreciation as of

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NAME Chapter Berman Company Sold equipment on July 31, 2022 for $60,000. The equipment had cost $125,000 and had $70.000 of accumulated depreciation as of January 1, 2022 Depreciation for the first 7 months of 2022 was 58.000 Instructions: Prepare ALL journal entries required to record the sale of the equipment JOURNAL Pour Ref

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