On March Sunshine paid $ for a new copy machine. It was estimated that the machine would produce copies over the next years, at which time it could be sold for $
The copy machine made the following number of copies during its life:
tablecopiescopiescopiescopiescopies
It was sold on June for $
Assume that Sunshine uses the Straight Line method of depreciation. The journal entry to record the June sale of the copy machine would include: round to the nearest dollar
Select one:
a a credit to Gain on Sale of $
b a credit to Loss on Sale of $
c a credit to Accumulated Depreciation of $
d a debit to Loss on Sale of $
e a debit to Accumulated Depreciation of $
