At December Marigold Corporation reported the following plant assts
Land
Buildings
Less: Accumulated depreciationbuildings
Equipment
Less: Accumulated depreciationequipment
Total plant assets
$
$
During the following selected cash transactions occurred.
Apr. Purchased land for $
May Sold equipment that cost $ when purchased on January The equipment was sold for $
June Sold land for $ The land cost $
July Purchased equipment for $
Dec Retired equipment that cost $ when purchased on December No salvage value was received.
a
Prepare a tabular summary that includes the plant asset accounts and balances shown on the December balance sheet.
Decreases in assets, liabilities, or stockholders' equity require a negative sign or parentheses.
Increases in expenses and losses require a negative sign or parentheses.
Increases in Accumulated Depreciation require a negative sign or parentheses.
Decreases in Accumulated Depreciation are entered as postive amounts.