Warner Company's year$-$end unadjusted trial balance shows accounts receivable of $$116,000,$ allowance for doubtful accounts of $$770($credit$),$ and sales of $$450,000.$ Uncollectibles are estimated to be $1\mathrm{.}50\%$ of accounts receivable.

Prepare the December $31$ year$-$end adjusting entry for uncollectibles.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$December $31,,,],[,,,]]$

OldNavy purchases etching equipment for $$257,000$ to use in operating activities for the next four years. It estimates the equipment's salvage value at $$24,000.$

Prepare a table showing depreciation and book value for each of the four years assuming straight$-$line depreciation.

$\backslash$table$[[$Year$,$Annual Depreciation,Accumulated Deprecation,Year$-$End Book Value$],[1,,,],[2,,,],[3,,,],[4,,,]]$

Garcia Company owns equipment that cost $$80,400,$ with accumulated depreciation of $$42,600.$

Record the sale of the equipment assuming Garcia sells the equipment for $$49,700$ cash.

$\backslash$table$[[$General Journal,Debit,Credit$],[,,],[,,],[,,],[,,]]$