$\backslash$table$[[$Consolidation Worksheet Entries,Debit,Credit$],[$Cash$,39,000,],[$Accumulated Depreciation,$16,000,],[$Computer Equipment,,$40,000],[$Gain on Sale of Equipment,$15,000,]]$

life of the equipment as a result of the intercompany transfer.

In the preparation of the $206$ consolidated balance sheet, computer equipment will be

Multiple Choice

Credited for $$24,000$

Debited for $$1000$

Debited for $$15,000$

Debited for $$40,000$