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Prepare journal entries to record the following. Gomez Company retires its delivery equipment, which cost $41,892. Accumulated depreciation is also $41,892 on this delivery equipment.
Prepare journal entries to record the following. Gomez Company retires its delivery equipment, which cost $41,892. Accumulated depreciation is also $41,892 on this delivery equipment. No salvage value is received. Account/Description Debit Credit ________________ ____ _______________ ____ Assume the same information as (a), except that accumulated depreciation for Gomez Company is $36,307, instead of $41,892. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.) Account/Description Debit Credit _________________ ____ _________________ ____ ________________ _____
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