Prepare journal entries to record these transactions. (a) Your answer is correct. Swifty Corporation retires its delivery equipment, which cost $42,100. Accumulated depreciation is also $42,100 on this delivery equipment. No salvage value is received. (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 Ofor the amounts.) Debit Credit Account Titles and Explanation Accumulated Depreciation Equipment 42100 Equipment 42100 e Textbook and Media (b) Swifty Corporation retires its delivery equipment, which cost $42,100. Accumulated depreciation is $38,900, on the delivery equipment. No salvage value is received. (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 O for the amounts.) Account Titles and Explanation Debit Credit