record the disposal of this equipment on January $1$ for each separate situation.

a$.$ Equipment is sold for $$32,500$ cash.

b$.$ Equipment is sold for $$25,100$ cash.

Journal entry worksheet

$(1)2$

Record the sale of the equipment for $$25,100$ cash.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$January $01,$Accumulated depreciation$-$Equipment,$94,500,],[,$Cash,$25,100,],[,$Loss on disposal of equipment,,$],[,$Equipment,,$126,800],[,,,],[,,,]]$