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Problem 7. A Disposition of Fixed Assets In order to provide capital for new hotel construction in other locations, Win Hotel Corporation has decided to

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Problem 7. A Disposition of Fixed Assets In order to provide capital for new hotel construction in other locations, Win Hotel Corporation has decided to s South Dakota Wilton auctions the hotel and its contents on October 1, 2019, with the following results: h oes Pere $600,000 225.000 IT:1:1::LLLLLLL Purniture 120,000 W on's accounting records reveal the following information about the set sold: Acquisition Cost Accumulated Depreciation Buding 350.000 $155,000 13 000 Furniture 285,500 Required Prepare a separate journal entry to record the disposition of each of these assets. Make the journal entries for the disposition of the sts in the order that they appear in the table above an amount box does not r e stry, vetbank 2019 1 Landx (Record disposal of land) 2019 0 1 Building Check My Work 4 more Check My Work uses remaining Previous Next > Email Instructor Save and Exit Submit Assignment for Grading MacBook Pro H I J K L Prepare a separate journal entry to record the s o n of each of the the that they earn the tablesbove amount bod Make the journal entries for the disposition of the v o 2019 Oct. 1 Landx Cash Record roosal of and 2019 0.1 Building x Accumulated Depreciation Record disposal 2019 Oct. 1 Record deal of future and futures) The back between on the cost and accumulated depreciation counts at the date of disposition should be removed and any cash proces dhe book should be loss Creck My Work more Check My Worke ring Previous Next All work saved Email instructor Save and Exit Submit Assignment for Grading MacBook Pro Innl

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