?Question $5$ ?of $7$

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The following are some transactions of Oriole Company for $2024.$ ?Oriole Company uses straight$-$line depreciation and has a

December $31$ ?year end.

Apr. $1$ ?Retired a piece of equipment that was purchased on January $1,($a$)$

For each of these disposals, prepare a journal entry to record depreciation from January $1,2024,$ ?to the date of disposal, if

required. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required,

select $"$No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry. Record journal entries in the order

presented in the problem.$)$

Date

Account Titles

Debit

Credit$2015,$ ?for $$46,000.$ ?The equipment had an expected

useful life of $10$ ?years with no residual value.

July $30$ ?Sold equipment for $$1,400$ ?cash. The equipment was purchased on January $3,2022,$ ?for $$13,320$ ?and was depreciated

over an expected useful life of three years with no residual value.

Nov. $1$ ?Traded in an old vehicle for a new vehicle, receiving a $$10,000$ ?trade$-$in allowance and paying $$36,000$ ?cash. The old

vehicle had been purchased on November $1,2018,$ ?at a cost of $$36,600.$ ?The estimated useful life was eight years and

the estimated residual value was $$6,600.$ ?The fair value of the old vehicle was $$9,100$ ?on November $1,2024.$

$($a$)$

For each of these disposals, prepare a journal entry to record depreciation from January $1,2024,$ ?to the date of disposal, if

required. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required.

select $"$No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry. Record journal entries in the order

nresented in the nrohlem$)$