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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 based 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 based on estimated residual value of $6,000 and an estimated useful life of five years: Following are the four independent situations Prepare Sandhill Compamy's journal entry to record the sale of the equipment for $27,300 on Januacy 2,2027 (Credit account tities are dutomatically indented when the amount is entered, Do not indent manualiy, if no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Prepare Sandhill Company's journal entry to record the sale of the equipment for $27,300 on May 1,2027. (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 the amounts. 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 automotically 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 the omounts. (list all debit entries before credit entries) Question Part Score Prepare Sandhill Compamy's journal entry to record the sale of the equipment for 59,100 on October 1.2027, (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required Prepare Sondhil Company's journal entry to record the sale of the equipment for $9,100 on October 1, 2027. (Credit account tities are outomatically 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 the amounts. List all debit entries before credit entries.)
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