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plz help solve everything correctly Current Attempt in Progress Novak Corp, sells olfice equipment on July 31,2022 , for $17,900 cash. The office equipment originally
plz help solve everything correctly
Current Attempt in Progress Novak Corp, sells olfice equipment on July 31,2022 , for $17,900 cash. The office equipment originally cost $74,600 and as of January 1. 2022, had accumulated depreciation of $41,900. Depreciation for the first 7 months of 2022 is $5,150. Prepare the journal entries to (a) update depreciation to July 31, 2022, and (b) record the sate of the equipiment. (Credit account tittes 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 ofor the amounts.) Step by Step Solution
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