The accounts below appear in the ledger of Nash Company.

		Retained Earnings		Dr.		Cr.		Bal.
Jan. 1, 2017		Credit Balance						$41,800
Aug. 15		Dividends (cash)		$14,900				26,900
Dec. 31		Net Income for 2017				$40,100		67,000
		Equipment		Dr.		Cr.		Bal.
Jan. 1, 2017		Debit Balance						$138,600
Aug. 3		Purchase of Equipment		$62,200				200,800
Sept. 10		Cost of Equipment Constructed		47,500				248,300
Nov. 15		Equipment Sold				$55,500		192,800
		Accumulated DepreciationEquipment		Dr.		Cr.		Bal.
Jan. 1, 2017		Credit Balance						$83,500
Apr. 8		Major Repairs		$20,900				62,600
Nov. 15		Accum. Depreciation on Equipment Sold		24,900				37,700
Dec. 31		Depreciation for 2017				$16,600		54,300

Prepare entries in journal form for all adjustments that should be made on a worksheet for a statement of cash flows. The loss on sale of equipment (Nov 15) was $5,900.

(to record Cash dividends)

(to record net income)

(to record depreciation expense)

(to record new equipment)

(to record repairs)

(to record sale of equipment)