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10 points PROBLEM 2 - DISPOSAL OF PLANT ASSETS 34 DISPOSAL OF PLANT ASSETS 2...

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10 points PROBLEM 2 - DISPOSAL OF PLANT ASSETS 34 DISPOSAL OF PLANT ASSETS 2 JOURNAL ENTRIES 35 36 37 Stoncbridge Corp. sold a piece of equipment for 8 9 Original cost of equipment Accumulated depreciation as of lanuary 1, 2021 1. Depreciation expense per month 50,000 GENERAL JOURNAL Account Title Date Debit Cred 200,000 160,000 500 S: Prepare the journal entries to record the sale of this equipment on May 1, 2021

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