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The following are independent situations. (a) Blossom Company purchased equipment in 2026 for $90,000 and estimated an $6,600 salvage value at the end of the

The following are independent situations. (a) Blossom Company purchased equipment in 2026 for $90,000 and estimated an $6,600 salvage value at the end of the equipment's 10-year useful life. At December 31, 2027, there was $16,680 in the Accumulated Depreciation account for this equipment using the straight-line method of depreciation. On March 31, 2028, the equipment was sold for $18,480. Prepare the appropriate journal entries to remove the equipment from the books of Blossom Company on March 31, 2028. (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.) No. Account Titles and Explanation 1. 2. (To record depreciation expense for the first 3 months of 2028) AUG Debit Credit TI
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Blossom Company purchased equipment in 2026 for $90,000 and estimated an $6,600 salvage value at the end of the equipment's 10 -year useful life. At December 31,2027 , there was $16,680 in the Accumulated Depreciation account for this equipment using the straight-line method of depreciation. On March 31, 2028, the equipment was scid for $18,480. Prepare the appropriate journal entries to remove the equipment from the books of Blossom Compariy on March 31, 2028. (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 o for the amounts. List all debit entries before credit entries.) Attempts: of 1 used (b) The parts of this question must be completed in order. Thi part will be avalable when vou complete the part abowe (c) The parts af this question must te completed in of der. This part war be awallable when you complete the part above

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