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Return to Blackboard Weygandt Financial Accounting, 10e Help System Announcements Exercise 9-9 Your answer is partially correct. Try again. Presented below are selected transactions at

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Return to Blackboard Weygandt Financial Accounting, 10e Help System Announcements Exercise 9-9 Your answer is partially correct. Try again. Presented below are selected transactions at Cheyenne Corp. for 2019. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2009. The machine cost $61,900 on that date. It had a useful We of 10 years with no salvage value. June 30 Sold a computer that was purchased on January 1, 2016. The computer cost $36,600. It had a useful life of years with no salvage value. The computer was sold for $13,700. Dec.31 Discarded a delivery truck that was purchased on January 1, 2015. The truck cost $38,400. It was depreciated based on a 6-year useful le with a $3,000 Savage value Journalize all entries required on the above dates, induding entries to update depreciation, where applicable, on assets disposed of. Cheyenne Corp. uses straight line depreciation (Assume depreciation is up to date as of December 31, 2018.) (Credit account titles and automatically indented when amount is entered. Do not indent manually. Record journal entries in order presented in the problem. If no entry is required, select "No Entry for the account tits and enter for the amounts. Do not round Intermediate calculations.) Date Account Titles and Explanation Debit Jan. 1 M Accumulated Depreciation Machine Machine June 30 V (To record depreciation to date of disposal) June 30 (To record sale of computer)

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