Garcia Co. owns equipment that cost $81,200, with accumulated depreciation of $43,000. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,300 cash, (2) $38,200 cash, and (3) $33,100 cash. View transaction list Journal entry worksheet < A B C Record the sale of equipment assuming Garcia sells the equipment for $50,300 cash. Transaction Note: Enter debits before credits. General Journal Debit Credit >

Garcia Co. owns equipment that cost $81,200, with accumulated depreciation of $43,000. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,300 cash, (2) $38,200 cash, and (3) $33,100 cash. View transaction list Journal entry worksheet < A B C Record the sale of equipment assuming Garcia sells the equipment for $50,300 cash. Transaction Note: Enter debits before credits. General Journal Debit Credit >

Name: Garcia Co. owns equipment that cost $81,200, with accumulated depreci
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Description: Garcia Co. owns equipment that cost $81,200, with accumulated depreciation of $43,000.Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,300 cash,(2) $38,200 cash, and (3) $33,10

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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