QS 8-9 Disposal of assets LO P2 Garcia Co. owns equipment that cost $83,200, with accumulated depreciation of $44,000. Garcia sells the equipment for cash. Record the sale of the equipment assuming Garcia sells the equipment for (1) $51,800 cash, (2) $39,200 cash, and (3) $34,100 cash View transaction list Journal entry worksheet 2 3 Record the sale of equipment assuming Garcia sells the equipment for $51,800 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal