The following are the transactions of Morrell Corporation:

1. Morrell Corporation disposed of two computers at the end of their useful lives. The computers had cost $4,620 and their Accumulated Depreciation was $4,620. No residual value was received.
2. Assume the same information as (a), except that Accumulated Depreciation, updated to the date of disposal, was $3,240.

Required:

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.)

PLEASE INDICATE A DEBIT OR CREDIT!

Journal entry worksheet Record the disposal of computers that had cost \\( \\$ 4,620 \\) and their accumulated depreciation to the date of disposal was \\( \\$ 4,620 \\). Note: Enter debits before credits. Journal entry worksheet Record the disposal of computers that had cost \\( \\$ 4,620 \\) and their accumulated depreciation to the date of disposal was \\( \\$ 3,240 \\). Note: Enter debits before credits