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Record the effect of each of the following sales of long-term assets on the accounting...

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Accounting

Record the effect of each of the following sales of long-term assets on the accounting equation:
Be sure to answer each; if no effect, select "0 No Effect".
Assets
Liabilities
Shareholders' Equity
A. Debit Gain (Loss) on Sale of Equipment 5,000
B. Credit Gain (Loss) on Sale of Equipment 35,000
C. Debit Gain (Loss) on Sale of Equipment 10,000
D.0 No effect
E. Debit Gain (Loss) on Sale of Equipment 50,000
F. Debit Gain (Loss) on Sale of Equipment 5,000; Credit Depreciation Expense 30,000
G. Debit Cash 40,000; Credit Equipment 40,000
H. Credit Gain (Loss) on Sale of Equipment 5,000
I. Debit Cash 40,000; Debit Accumulated Depreciation 30,000; Credit Equipment 75,000
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