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QS 8 - 1 2 ( Algo ) Disposal of assets LO P 2 Garcia Company owns equipment that cost $ 8 2 , 8
QS Algo Disposal of assets LO P
Garcia Company owns equipment that cost $ with accumulated depreciation of $
ts awarded
Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for $ cas $ cash, and $ cash.
tableNoTransaction,General Journal,Debit,CreditACash,Accumulated depreciationEquipment,Equipment,,Gain on sale of equipment,BCash,Accumulated depreciationEquipment,Loss on sale of equipment,
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