q7 part a and b

Sandhill Comparsold the following two pieces of intin 2022 Equipment A $324.800 Equipment B $176.400 Cost Purchase date 7/1/18 1/1/19 Useful de Svean $8,400 Salvage value Depreciation method Date sold 8 years $11.200 Straight-line 7/1/22 Straight in 9/1/22 Sales price $137,200 $56,000 Journalire all entries required to update depreciation and record the sales of the two assets in 2022. The company has recorded depreciation on the equipment through December 31, 2021. (Credit account tities are automatically indented when the amount is entered Do not indent manually no entry is required, select "No Entry for the account titles and enter for the amounts) Journal entries required to updated vection and record the sales of the two acetin 2022. The company recorded depreciation on the equipment through December 31, 2021. dit conies are automatically indeed when the northern Donat indently no entreguire, select "No Entry for the accountitles and enter for the amount) Equipment Date Account Titles and Explanation Debit Credit July 1 To record depreciation (To record the sale of asset) Equipment B 94 PM Equipment Date Account Titles and Explanation Debit Credit Sept. 1 (To record depreciation (To record the sale of asset)