We know the Pineapple Unadjusted Trial Balance 12/31/2020 Account Dr Balanc Cr. Balanc Cash 6,000 Accounts Receivable 20,000 Allowance for Doubtful Accounts 2,500 Supplies

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We know the Pineapple Unadjusted Trial Balance 12/31/2020 Account Dr Balanc Cr. Balanc Cash 6,000 Accounts Receivable 20,000 Allowance for Doubtful Accounts 2,500 Supplies 5,000 Equipment 75,000 Accumulated Depreciaiton Equipment 50,000 Accounts Payable 2,000 Wages Payable 5,000 Common Stock 20,000 Retained Earnings 10,000 Sales Revenue 65,000 Cost of Goods Sold 30,000 Wages Expense 10,000 Supplies Expense 5,000 Depreciaiton Expense 2,000 Bad Debt Expense 500 Miscellaneous Expense 1,000 Totals 154,500 154,500 4: The equipment above consists of 1 ice cream truck. IF we sell the truck for $50,000 cash, what would be the gain/loss that we would record? 5: IF we sell the truck for $5,000 cash, what would be the gain/loss that we would record?