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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

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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 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. Prepare journal entries to record above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet A 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 Credit General Journal Accumulated Depreciation-Equipment Software Debit 4.7807 4,780 Record entry Cled entry View general journal Journal entr, worksheet CA B Record the disposal of computers that had cost $4,780 and their accumulated depreciation to the date of disposal was $3,560. Note: Enter debits before credits. Transaction Debit Credit General Journal Accumulated Depreciation Equipment Software Record entry Clear entry View general joumal

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