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Suppose that Ulta, Inc. has equipment that cost $50,000 and has been depreciated $30,000. Record entries for the disposal under the following assumptions. (Credit account

image text in transcribed Suppose that Ulta, Inc. has equipment that cost $50,000 and has been depreciated $30,000. Record entries for the disposal under the following assumptions. (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.) (a) It was scrapped as having no value. (b) It was sold for $23,000. (c) It was sold for $18,000

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