Neighbourhood Catering Service purchased equipment on January 8, 2018, for $65,700. The equipment is expected to last six years and to have a residual value of $4,500 a. Suppose Neighbourhood sold the equipment for $45,100 on December 29, 2020. Journalize the sale of the equipment, assuming straight-line amortization is used b. Suppose Neighbourhood sold the equipment for $29,100 on December 29, 2020 Joumalize the sale of the equipment, assuming straight-line amortization is used a. Suppose Neighbourhood sold the equipment for $45,100 on December 29, 2020. Journalize the sale of the equipment, assuming straight-line amortization is used. (Record debits first, then credits. Exclude explanations from journal entries.) General Journal Accounts Debit Credit b. Suppose Neighbourhood sold the equipment for $29.100 on December 29, 2020. Journalize the sale of the equipment, assuming straight-line amortization is used General Journal Accounts Debit Credit