Weygandt, Financial Accounting, 10e Help I System Announcements CALCULATOR PRINTER VERSION BACK NEXT Oriole Company sells equipment on September 30, 2019, for $21,000 cash. The equipment originally cost $73,600 and as of January 1, 2019, had accumulated depreciation of $42,300. Depreciation for the first 9 months of 2019 is $5,250. Prepare the journal entries to (a) update depreciation to September 30, 2019, and (b) record the sale of the equipment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit (a) |Depreciation Expense 5,250 Accumulated Depreciation-Equipment 5,250 (b) lsal 21,000 Loss on Disposal of Plant Assets Cash 950 PM