Carla Vista Co. has delivery equipment that cost $49,600 and has accumulated depreciation of $24,600. Record entries for the disposal under the following assumptions. (List all debit entries before credit entries. Credit accou are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry account titles and enter 0 for the amounts.) (a) (b) (c) It was scrapped as having no value. It was sold for $37,900. It was sold for $19,100.

Carla Vista Co. has delivery equipment that cost $49,600 and has accumulated depreciation of $24,600. Record entries for the disposal under the following assumptions. (List all debit entries before credit entries. Credit accou are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry account titles and enter 0 for the amounts.) (a) (b) (c) It was scrapped as having no value. It was sold for $37,900. It was sold for $19,100.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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