Prepare Wildhorse Company's journal entry to record the sale of the equipment for $$24,000$ on January $2,2027.($Credit account titles are automatically indented when the amount

the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

Date Account Titles

Debit

Credit

Jan. $2$

Cash

$24,000$

Accumulated Depreciation $-$ Equipment

Equipment

Gain on Disposal

$3,600$

$($b$)$

Prepare Wildhorse Company's journal entry to record the sale of the equipment for $$24,000$ on May $1,2027.($Credit account titles are automatically indented when the amount is en

account titles and enter O for the amounts. List all debit entries before credit entries.$)$

Date Account Titles

Credit

May $1$