Homework Answers
| A | Cash | 51,200 | |
| Accumulated Depreciation - Equipment | 43,600 | ||
| Gain on sale of equipment | 12,400 | ||
| Equipment | 82,400 | ||
| B | Cash | 38,800 | |
| Accumulated Depreciation - Equipment | 43,600 | ||
| Equipment | 82,400 | ||
| C | Cash | 33,700 | |
| Accumulated Depreciation - Equipment | 43,600 | ||
| Loss on sale of equipment | 5,100 | ||
| Equipment | 82,400 |
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Please do all three journals
Garcia Co. owns equipment that cost $82,400, with accumulated depreciation of...
I need all three journals Garcia Co. owns equipment that cost $77,600, with accumulated depreciation of...
I need all three journals
Garcia Co. owns equipment that cost $77,600, with accumulated depreciation of $41,200. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $47,600 cash, (2) $36,400 cash, and (3) $31,300 cash. View transaction list Journal entry worksheet A B C Record the sale of equipment assuming Garcia sells the equipment for $47,600 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...
Diaz Company owns a machine that cost $126,200 and has accumulated depreciation of $92,500. Prepare the entry to...
Diaz Company owns a machine that cost $126,200 and has accumulated depreciation of $92,500. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation. 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $15,500 cash. 3. Diaz sold the machine for $33,700 cash. 4. Diaz sold the machine for $41,400 cash. View transaction list Journal entry...
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....
I need all three journals
Garcia Co. owns equipment that cost $77,600, with accumulated depreciation of $41,200. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $47,600 cash, (2) $36,400 cash, and (3) $31,300 cash. View transaction list Journal entry worksheet A B C Record the sale of equipment assuming Garcia sells the equipment for $47,600 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...
Diaz Company owns a machine that cost $126,200 and has accumulated depreciation of $92,500. Prepare the entry to record the disposal of the machine on January 1 in each seperate situation. 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $15,500 cash. 3. Diaz sold the machine for $33,700 cash. 4. Diaz sold the machine for $41,400 cash. View transaction list Journal entry...
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....
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