QUESTION 6B Time recommendation: 4 minutes On 1st June 2023, PF Ltd decides to sell the kitchen equipment that Adam contributed to the business as it has been sitting in storage and is not being used. The kitchen equipment had originally been recorded at a cost of $64,000, has an estimated residual value of $4,000, is depreciated using the straight line method on the basis of a useful life of 6 years, and had a carrying value of $59,500 on the date of sale. PF Ltd sold the equipment for $45,000 in cash. Required: Journalise the sale of the old cleaning equipment on 1st June 2023. (2 marks) Instructions: Record the journal by selecting the correct accounts and amounts that are debited and credited in the general journal below