On January 2, 2023, Uncle Company sold equipment to Mimi Company for $15,000. As of that date, the equipment was originally purchased for $75,000 and had a book value on Uncle's books of $65,000 on the date of the sale. The equipment has a 10-year remaining expected life. Both Mimi Company and Uncle Company use the straight-line method of depreciation for machinery and equipment.

What is TA Entry? (for consolidation)

I got

Dr. Equipment 60,000 (75000-15000)