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Required information [The following information applies to the questions displayed below Abbott Landscaping purchased a tractor at a cost of $30,000 and sold it three

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Required information [The following information applies to the questions displayed below Abbott Landscaping purchased a tractor at a cost of $30,000 and sold it three years later for $16,200. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $4,000 residual value. Tractors are included in the Equipment account. Required: 1. Record the sale. (If no entry is required for a particulear transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet ces 1 Record the sale of equipment. Note: Enter debits before credits. Credit Debit General Journal Transaction 1 View general journal Clear entry Record entry

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