Prepare the journal entries to record the following transactions for the Nobles Company, which has a financial year end of 31 December and uses the straight-line method of depreciation. Ignore GST.

(a) 1 January, 2019, the company sold an office equipment for $18,000. The office equipment originally cost $24,000 and had accumulated depreciation to the date of disposal of $10,000.

(b) 30 April, 2019, the company sold a printing machine for $25,000 that was purchased on 1 January, 2016. The printer cost $92,500, and had a useful life of 5 years with residual value of $5,200.

(c) 30 September, 2019, the company sold old delivery equipment for $9,000. The delivery equipment was purchased on 1 September, 2017, for $21,000 and was estimated to have a $3,000 residual value at the end of its 5-year life.

(Both account names and figures should be correct in order to award marks.

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