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Required information [The following Information applies to the questions displayed below] As part of a major renovation at the beginning of the year, Atlase Pharmaceuticals,

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Required information [The following Information applies to the questions displayed below] As part of a major renovation at the beginning of the year, Atlase Pharmaceuticals, Inc. sold shelving units (recorded as Equipment) that were 10 years old for $1130 cash The shelves originally cost $7720 and had been depreciated on a straight-line basis over an estimated useful life of 10 years with an estimated residual value of $620. 1. Complete the table below, indicating the account, amount, and direction of the effect on disposal. Assume that depreciati been recorded to the date of sale (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign. round Intermediate calculations.) 1 Required information the owowing information were the questions orsplayed below As part of a renovation the beginning of the yew Atine Perceutical Inc sold shelving recorded Equimen that were years old for $13) cash The thelves only.com 52720 and had been ght ne bo venduteur life or to years with animated dualue of 5620 1. Complete table below vidcting the account, amount and direcion of the wife on Amore on been recorded to the date of cancer any decreases to Assets, Liabities of the holes wity with a mission. Do not Found intermediate calculations) Answer is not come 5hs Cash 1.130 510

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