View Policies Show Attempt History Current Attempt in Progress Blossom Limited sells equipment on September 30, 2021, for $44.020 cash. The equipment originally cost $150,730 when purchased on January 1 2019. It has an estimated residual value of $3,990 and a useful life of five years. Depreciation is recorded annually and was last recorded on December 31, 2020, the company's year end. Record debit side accounts first followed by credit side accounts. (a) Your answer is correct. Prepare the journal entry to update depreciation using the straight-line method to September 30, 2021. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required. select "No Entry for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit Question 3 of 6 2.7473 Prepare the journerentry to upoate depreciation using the straight-me metriod to September 30, ZUZETLIST an cente entries betare credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Depreciation Expense 22011 22011 Accumulated Depreciation Equipment e Textbook and Media List of Accounts Attempts: 5 of 15 used 1.5/1.5 Question Part Score Your answer is partially correct. Prepare the journal entry to record the sale of the equipment. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Debit Credit Cash 44020 Accumulated Depreciation Equipment 22011 Loss on Disposal 22011 Equipment 150730