View Policies Current Attempt In Progress Here are selected 2022 transactions of Bridgeport Company. Jan...

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View Policies Current Attempt In Progress Here are selected 2022 transactions of Bridgeport Company. Jan 1 June 30 Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $ 63,500 and had a useful life of 10 years with no salvage value. Sold a computer that was purchased on January 1, 2019. The computer cost $ 39,300 and had a useful life of 5 years with no salvage value. The computer was sold for $ 15,400 cash Discarded a delivery truck that was purchased on January 1, 2018. The truck cost $ 42,900. It was depreciated based on a 6-year useful life with a $3,000 salvage value Dec 31 Journalize all entries required on the above dates, including entries to update depreciation on assets disposed or where applicable Bridgeport Company uses straight line depreciation (Assume depreciation is up to date as of December 31, 2021) (Ust all debit entries before credit entries. Credit account titles are automatically Indented when amount is entered. Do not Indent manually. Record Journal entries in the order presented in the problem. Ir no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Tities and Explanation Debit Credit estion 4 of 7 -/1 = Date Account Tities and Explanation Debit Credit To record depreciation to date of disposal)

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