Please write the journal entries.

with the work please

23. The Company sold used equipment which originally cost $65,750. Accumulated Depreciation at the time of sale was $56,000. Salvage value was estimated to be $1,000. Consideration for the sale was a $15,000,6% note receivable due in 5 months. 24. Assume the same facts in item \#23 above, except that the equipment was sold for an $8,0007% note due in 12 months. 23. The Company sold used equipment which originally cost $65,750. Accumulated Depreciation at the time of sale was $56,000. Salvage value was estimated to be $1,000. Consideration for the sale was a $15,000,6% note receivable due in 5 months. 24. Assume the same facts in item \#23 above, except that the equipment was sold for an $8,0007% note due in 12 months