Urban Catering Service purchased equipment on January 8, 2018, for $62,000. The equipment is expected to last six years and to have a residual value of $3,000 a. Suppose Urban sold the equipment for $37,000 on December 29, 2020. Journalize the sale of the equipment, assuming straight-line amortization is used b. Suppose Urban sold the equipment for $30,000 on December 29, 2020 Journalize the sale of the equipment, assuming straight-line amortization is used. a. Suppose Urban sold the equipment for $37.000 on December 29, 2020 Journalize the sale of the equipment, assuming straight-line amortization is used. (Record debits first, then credits. Exclude explanations from journal entries.) General Journal Accounts Debit Credit b. Suppose Urban sold the equipment for $30,000 on December 29, 2020 Journalize the sale of the equipment, assuming straight-line amortization is used General Journal Choose from any list or enter any number in the input fields and then continue to the next question Chapter 0 Sample Test - Enter Answers O of arch o