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Purchase Price & Estimated Salvage Value $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 Building Equipment Truck Equipment Purchase Price: $40,000 Purchase Salvage Purchase Salvage

Purchase Price & Estimated Salvage Value $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 Building Equipment Truck Equipment Purchase Price: $40,000 Purchase Salvage Purchase Salvage Purchase Salvage Price Value Price Value Price Value

Journal entry worksheet Record the sale of equipment at the end of its useful life for $12,000 cash. Note: Enter debits before credits

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