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Oriole Company has delivery equipment that cost $55,700 and has been depreciated $23,900 Record entries for the disposal under the following assumptions. (Credit account titles

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Oriole Company has delivery equipment that cost $55,700 and has been depreciated $23,900 Record entries for the disposal under the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) (a) (b) (c) It was scrapped as having no value. It was sold for $37.700. It was sold for $20,000 Debit Credit No. Account Titles and Explanation (a) Accumulated Depreciation Equipment lo Loss on Disposal of Land Loss on Disposal of Plant Assets Allowance for Doubtful Accounts Research and Development Expense (b)

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