113 1 Dec Jan Received $9,000 scrap value on retirement of machinery that was purchased...
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113 1 Dec Jan Received $9,000 scrap value on retirement of machinery that was purchased on January 1, 2007. The machine cost $90,000 on that date, and had fe of 10 years with no salvage value Ape 30 Sold equipment for $34.000 that was purchased on January 1, 2014. The come cost $90.000, and had a useful life of 5 years with no sava valut 31 Discarded a business automobile that was purchased on Apr 1, 2013. The car cost $27,000 and was deprecated on a 5-year with a salvage value of $2,000. Jourrate al entries required as a result of the above transactions were company is the straight line method of depreciation and has recorded depreciation through December 31, 2016. (Credit account weitered De not indent manually. Record journal entries in the order presented in the problem Act Titles and Explanation Debit Creda 1 Date care Apr 0 Te recedere Dec. 31 Check if you would like to show Work for this son
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