{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T17:12:26-04:00", "answer_date": "2024-05-27 17:12:26", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1792215", "url": "\/study-help\/questions\/on-july-1-2014-sunland-enterprises-sold-equipment-with-an-1792215", "question_creation_date_js": "2024-05-27T17:12:26-04:00", "question_creation_date": "May 27, 2024 05:12 PM", "meta_title": "[Solved] On July 1, 2014, Sunland Enterprises sold | SolutionInn", "meta_description": "Answer of - On July 1, 2014, Sunland Enterprises sold equipment with an original cost of $80,700 for $31,300. The equipment was pu | SolutionInn", "meta_keywords": "july,1,2014,sunland,enterprises,sold,equipment,original,cost,$80,700,$31,300,purchased", "question_title_h1": " On July 1, 2014, Sunland Enterprises sold equipment with an original cost of $80,700 for $31,300. The equipment was purchased January 1, 2011, and", "question_title": " On July 1, 2014, Sunland Enterprises sold equipment with an original", "question_title_for_js_snippet": "On July 1, 2014, Sunland Enterprises sold equipment with an original cost of $80,700 for $31,300 The equipment was purchased January 1, 2011, and was depreciated using the straight line method over a five year useful life with a $8,600 salvage value Prepare the journal entry to record the sale of the equipment (Credit account titles are automatically indented when amount is entered Do not Indent manually ) Account Titles and Explanation Debit Credit", "question_description": "\"image", "transcribed_text": "On July 1, 2014, Sunland Enterprises sold equipment with an original cost of $80,700 for $31,300. The equipment was purchased January 1, 2011, and was depreciated using the straight-line method over a five-year useful life with a $8,600 salvage value. Prepare the journal entry to record the sale of the equipment. (Credit account titles are automatically indented when amount is entered. Do not Indent manually.) Account Titles and Explanation Debit Credit", "related_book": { "title": "Financial and Managerial Accounting", "isbn": "9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895", "edition": "11th Edition", "authors": "Jonathan E. Duchac, James M. Reeve, Carl S. Warren", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/52.jpg", "uri": "\/textbooks\/financial-and-managerial-accounting-11th-edition-52", "see_more_uri": "" }, "free_related_book": { "isbn": "3319598058", "uri": "\/textbooks\/algebraic-coding-theory-over-finite-commutative-rings-1st-edition-978-3319598055-164247", "name": "Algebraic Coding Theory Over Finite Commutative Rings", "edition": "1st Edition" }, "question_posted": "2024-05-27 17:12:26", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/marketing-costs-like-advertising-and-sales-commissions-are-multiple-choice-655954", "description": "Marketing costs like advertising and sales commissions are Multiple choice question. part of costs of goods sold. part of gross profit. selling expenses", "stars": 3 }, { "url": "\/crystal-glassware-company-has-the-following-standards-and-flexiblebudget-data", "description": "Crystal Glassware Company has the following standards and flexible-budget data. 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