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Sandhill Company owns equipment that cost $54,000 when purchased on January 2,2024 . It has been depreciated using the straightline method hased on estimated residual
Sandhill Company owns equipment that cost $54,000 when purchased on January 2,2024 . It has been depreciated using the straightline method hased on estimated residual value of $6000 and an estimated useful life of five vears. Following are the four independent situations. Prepare Sandhill Company's journal entry to record the sale of the equipment for $27,300 on January 2, 2027. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for theomounts. List all debit entries before credit entries:) Prepare Sandhill Company's journal entry to record the sale of the equipment for $9,100 on January 2, 2027. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts, List at debit entries before credit entries.) Prepare Sandhili Company's journal entry to record the sale of the equipment for $9,100 on January 2, 2027. (Credit account tities tides and enter o for the amounts Lst all debit entries before credit entries. Prepare Sandhill Company's journal entry to record the sale of the equipment for $9,100 on October 1, 2027. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually if no entry is required, select "No Entry" for the account
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