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The following are the transactions of Morrell Corporation: a. Morrell Corporation disposed of two computers at the end of their useful lives. The computers had
The following are the transactions of Morrell Corporation: a. Morrell Corporation disposed of two computers at the end of their useful lives. The computers had cost $4,780 and their Accumulated Depreciation was $4,780. No residual value was received. b. Assume the same information as (a), except that Accumulated Depreciation, updated to the date of disposal, was $3,560. value: 10.00 points Prepare journal entries to record above transactions. (f no entry is requiredtfor a transction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the disposal of computers that had cost $4,780 and their accumulated depreciation to the date of disposal was $4,780. Note: Enter debits before credits Transaction General Journal Debit Credit
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