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Sunny's Emporium had the following transactions in April, 2023, the final month in their fiscal year: TRANSACTIONS April 1 Sold fully depreciated cash register and
Sunny's Emporium had the following transactions in April, 2023, the final month in their fiscal year: TRANSACTIONS April 1 Sold fully depreciated cash register and point of sale system for $1,000 (originally recorded as store equipment) April 1 A new point of sale system is delivered and installed at a total cost of $96,000. The system has an expected useful life of 4 years, no residual value and will be depreciated using the straight line method. The company made
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