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Wildhorse Company sold the following two pieces of equipment in 2022: Equipment A Equipment B Cost $336,400 $182,700 Purchase date 7/1/18 1/1/19 Useful life 8

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Wildhorse Company sold the following two pieces of equipment in 2022: Equipment A Equipment B Cost $336,400 $182,700 Purchase date 7/1/18 1/1/19 Useful life 8 years 5 years $ 11,600 $8.700 Straight-line Straight-line Salvage value Depreciation method Date sold Sales price 7/1/22 9/1/22 $ 142,100 $ 58,000 Journalize all entries required to update depreciation and record the sales of the two assets in 2022. The company has recorded depreciation on the equipment through December 31, 2021. (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.) Equipment A Date Account Titles and Explanation Debit Credit July 1 (To record depreciation ) (To record the sale of asset) Equipment B Date Account Titles and Explanation Debit Credit Sept. 1 (To record depreciation ) | (To record the sale of asset)

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