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Skysong, Inc. retires its delivery equipment, which cost $52,000. Accumulated depreciation is also $52,000 on this delivery equipment. No salvage value is received. (Credit account

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Skysong, Inc. retires its delivery equipment, which cost $52,000. Accumulated depreciation is also $52,000 on this delivery equipment. No salvage value is received. (Credit account titles are automatically indented when 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.) Account Titles and Explanation Debit Credit Skysong, Inc. retires its delivery equipment, which cost $52,000. Accumulated depreciation is $37,200, on the delivery equipment. (Credit account titles are automatically indented when 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.) Account Titles and Explanation Debit Credit

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