River Rock Creamery sold ice cream equipment for $10,000. River Rock originally purchased the equipment for $74,000, and depreciation through the date of sale totaled $62,500. Record the gain or loss on the sale of the equipment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 Record the sale of the equipment. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Cash Accumulated Depreciation 62,500 Loss Record entry Clear entry View general journal >