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Presented below are selected transactions at Whispering Winds Corp. for 2 0 2 0 . Jan 1 . Retired a piece of machinery that was

Presented below are selected transactions at Whispering Winds Corp. for 2020.
Jan 1. Retired a piece of machinery that was purchased on January 1,2010. The machine cost 61,300 on that date. It had a useful life of 10 years with no salvage value. June 30. Sold a computer that was purchased on January 1,2017. The computer cost 36,000. It had a useful life of 5 years with no salvage value.The computer was sold for 14,000.
Dec 31. Discarded a delivery truck that was purchased on Jan 1,2016. The truck cost 36,000. It was depreciated based on a 6 year useful life with a 3000 salvage value.
Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Whispering Winds Corp. uses straight line depreciation. (To record depreciation to date of disposal).
Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of.
Whispering Winds Corp. uses straight-line depreciation. (Assume depreciation is up to date as of December 31,2019.)(Credit account
titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.
If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Do not round intermediate calculations.)
Date
Jan. 1
June 30
Account Titles and Explanation
Accumulated Depreciation-Equipment
Equipment
Depreciation Expense
Accumulated Depreciation-Equipment
(To record depreciation to date of disposal)
Debit
Credit
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