Homework Answers
Answer:
| No | Transaction | Accounts Titles | Debit $ | Credit $ |
| 1 | 1 | Cash | 47,600 | |
| Accumulated depreciation | 41,200 | |||
| Equipment | 77,600 | |||
| Gain on sale of equipment | 11,200 | |||
| 2 | 2 | Cash | 36,400 | |
| Accumulated depreciation | 41,200 | |||
| Equipment | 77,600 | |||
| 3 | 3 | Cash | 31,300 | |
| Accumulated depreciation | 41,200 | |||
| Loss on sale of equipment | 5,100 | |||
| Equipment | 77,600 |
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I need all three journals
Garcia Co. owns equipment that cost $77,600, with accumulated depreciation of...
Please do all three journals Garcia Co. owns equipment that cost $82,400, with accumulated depreciation of...
Please do all three journals
Garcia Co. owns equipment that cost $82,400, with accumulated depreciation of $43,600. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $51,200 cash, (2) $38,800 cash, and (3) $33,700 cash. View transaction list Journal entry worksheet < A B C Record the sale of equipment assuming Garcia sells the equipment for $51,200 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit
Help Save & Exts Garcia Co. owns equipment that cost $81,600, with accumulated depreciation of $43,200....
Help Save & Exts Garcia Co. owns equipment that cost $81,600, with accumulated depreciation of $43,200. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,600 cash (2) $38,400 cash, and (3) $33,300 cash. View transaction list 53:36 Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $50,600 cash, Note: Enter debits before credits Transaction General Journal Debit Credit Record the sale of equipment assuming...
Garcia Co. owns equipment that cost $80,000, with accumulated depreciation of $42,400. Record the sale of...
Garcia Co. owns equipment that cost $80,000, with accumulated depreciation of $42,400. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $49,400 cash, (2) $37,600 cash, and (3) $32,500 cash View transaction list Journal entry worksheet A B C Record the sale of equipment assuming Garcia sells the equipment for $49,400 cash Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal...
QS 10-9 Disposal of assets LO P2 Garcia Co. owns equipment that cost $84,800, with accumulated...
QS 10-9 Disposal of assets LO P2 Garcia Co. owns equipment that cost $84,800, with accumulated depreciation of $44,800. Garcia sells the equipment for cash. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $53,000 cash, (2) $40,000 cash, and (3) $34,900 cash. View transaction list Journal entry worksheet < 1 2 Record the sale of equipment assuming Garcia sells the equipment for $53,000 cash. Note: Enter debits before credits...
Garcia Co. owns equipment that cost $78,400, with accumulated depreciation of $41,600. Garcia sells the equipment...
Garcia Co. owns equipment that cost $78,400, with accumulated
depreciation of $41,600. Garcia sells the equipment for cash.
Record the sale of the equipment under the following three separate
cases assuming Garcia sells the equipment for (1) $48,200 cash, (2)
$36,800 cash, and (3) $31,700 cash.
Transaction General Journal Debit Credit Record entry Clear entry View general journal
QS 8-9 Disposal of assets LO P2 Garcia Co. owns equipment that cost $82,000, with accumulated...
QS 8-9 Disposal of assets LO P2 Garcia Co. owns equipment that cost $82,000, with accumulated depreciation of $43,400. Garcia sells the equipment for cash. Record the sale of the equipment assuming Garcia sells the equipment for (1) $50,900 cash, (2) $38,600 cash, and (3) $33,500 cash. View transaction list Journal entry worksheet < 1 2 3 Record the sale of equipment assuming Garcia sells the equipment for $50,900 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit...
QS 10-10 Disposal of assets P2 Garcia Co. owns equipment that cost $76,80o, with accumulated depreciation...
QS 10-10 Disposal of assets P2 Garcia Co. owns equipment that cost $76,80o, with accumulated depreciation of $40,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $47,000 cash, (2) $36,000 cash, and (3) $31,000 cash.
practice exam questions , help would be really appreicated and returned with a thumbs up!! thanks...
practice exam questions , help would be really appreicated and
returned with a thumbs up!! thanks in advance
Help 3 Garcia Co. owns equipment that cost $82,800, with accumulated depreciation of $43,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $51,500 cash, (2) $39,000 cash, and (3) $33,900 cash. ts View transaction list 02:55:35 Journal entry worksheet < А > Record the sale of equipment assuming Garcia sells the...
Caleb Co. owns a machine that costs $42,400 with accumulated depreciation of $18,400. Caleb excha...
Caleb Co. owns a machine that costs $42,400 with accumulated depreciation of $18,400. Caleb exchanges the machine for a newer model that has a market value of $52,000 1. Record the exchange assuming Caleb paid $30,000 cash and the exchange has commercial substance. 2. Record the exchang e assuming Caleb pays $22,000 cash and the exchange lacks commercial substance. View transaction list Journal entry worksheet 2 Record the exchange assuming Caleb paid $30,000 cash and the exchange has commercial substance....
16 Caleb Co. owns a machine that had cost $47.200 with accumulated depreciation of $20,800. Caleb...
16 Caleb Co. owns a machine that had cost $47.200 with accumulated depreciation of $20,800. Caleb exchanges the machine for a newer model that has a market value of $56,000. 1. Record the exchange assuming Caleb paid $32.400 cash and the exchange has commercial substance. 2. Record the exchange assuming Caleb paid $24,400 cash and the exchange has commercial substance Skipped View transaction list Journal entry worksheet Record the exchange assuming Caleb paid $32,400 cash and the exchange has commercial...
Please do all three journals
Garcia Co. owns equipment that cost $82,400, with accumulated depreciation of $43,600. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $51,200 cash, (2) $38,800 cash, and (3) $33,700 cash. View transaction list Journal entry worksheet < A B C Record the sale of equipment assuming Garcia sells the equipment for $51,200 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit
Help Save & Exts Garcia Co. owns equipment that cost $81,600, with accumulated depreciation of $43,200. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,600 cash (2) $38,400 cash, and (3) $33,300 cash. View transaction list 53:36 Journal entry worksheet Record the sale of equipment assuming Garcia sells the equipment for $50,600 cash, Note: Enter debits before credits Transaction General Journal Debit Credit Record the sale of equipment assuming...
Garcia Co. owns equipment that cost $80,000, with accumulated depreciation of $42,400. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $49,400 cash, (2) $37,600 cash, and (3) $32,500 cash View transaction list Journal entry worksheet A B C Record the sale of equipment assuming Garcia sells the equipment for $49,400 cash Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal...
QS 10-9 Disposal of assets LO P2 Garcia Co. owns equipment that cost $84,800, with accumulated depreciation of $44,800. Garcia sells the equipment for cash. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $53,000 cash, (2) $40,000 cash, and (3) $34,900 cash. View transaction list Journal entry worksheet < 1 2 Record the sale of equipment assuming Garcia sells the equipment for $53,000 cash. Note: Enter debits before credits...
Garcia Co. owns equipment that cost $78,400, with accumulated
depreciation of $41,600. Garcia sells the equipment for cash.
Record the sale of the equipment under the following three separate
cases assuming Garcia sells the equipment for (1) $48,200 cash, (2)
$36,800 cash, and (3) $31,700 cash.
Transaction General Journal Debit Credit Record entry Clear entry View general journal
QS 8-9 Disposal of assets LO P2 Garcia Co. owns equipment that cost $82,000, with accumulated depreciation of $43,400. Garcia sells the equipment for cash. Record the sale of the equipment assuming Garcia sells the equipment for (1) $50,900 cash, (2) $38,600 cash, and (3) $33,500 cash. View transaction list Journal entry worksheet < 1 2 3 Record the sale of equipment assuming Garcia sells the equipment for $50,900 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit...
QS 10-10 Disposal of assets P2 Garcia Co. owns equipment that cost $76,80o, with accumulated depreciation of $40,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $47,000 cash, (2) $36,000 cash, and (3) $31,000 cash.
practice exam questions , help would be really appreicated and
returned with a thumbs up!! thanks in advance
Help 3 Garcia Co. owns equipment that cost $82,800, with accumulated depreciation of $43,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $51,500 cash, (2) $39,000 cash, and (3) $33,900 cash. ts View transaction list 02:55:35 Journal entry worksheet < А > Record the sale of equipment assuming Garcia sells the...
Caleb Co. owns a machine that costs $42,400 with accumulated depreciation of $18,400. Caleb exchanges the machine for a newer model that has a market value of $52,000 1. Record the exchange assuming Caleb paid $30,000 cash and the exchange has commercial substance. 2. Record the exchang e assuming Caleb pays $22,000 cash and the exchange lacks commercial substance. View transaction list Journal entry worksheet 2 Record the exchange assuming Caleb paid $30,000 cash and the exchange has commercial substance....
16 Caleb Co. owns a machine that had cost $47.200 with accumulated depreciation of $20,800. Caleb exchanges the machine for a newer model that has a market value of $56,000. 1. Record the exchange assuming Caleb paid $32.400 cash and the exchange has commercial substance. 2. Record the exchange assuming Caleb paid $24,400 cash and the exchange has commercial substance Skipped View transaction list Journal entry worksheet Record the exchange assuming Caleb paid $32,400 cash and the exchange has commercial...
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