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The following are the transactions of Morrell Corporation: a. Morrell Corporation disposed of two computers at the end of thelr useful IIves. The computers had

image text in transcribedimage text in transcribed The following are the transactions of Morrell Corporation: a. Morrell Corporation disposed of two computers at the end of thelr useful IIves. The computers had cost $4,660 and thelr Accumulated Depreclation was $4,660. No residual value was recelved. b. Assume the same Information as (a), except that Accumulated Depreclation, updated to the date of disposal, was $3,320. Requlred: Prepare journal entrles to record above transactions. (If no entry Is requlred for a transaction/event, select "No Journal Entry Requlred" In the flrst account fleld.) Journal entry worksheet Record the disposal of computers that had cost $4,660 and their accumulated depreciation to the date of disposal was $4,660. Note: Enter debits before credits. Journal entry worksheet Record the disposal of computers that had cost $4,660 and their accumulated depreciation to the date of disposal was $3,320. Note: Enter debits before credits

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