fill the charts Weygandt Financial Accounting 10e NT Problem

fill the charts

Weygandt, Financial Accounting, 10e NT Problem 9-6A Blossom Company has equipment that cost $75,800 and that has been depreciated $50,40o. e 9-7 ? 9-8 ? 9-9 Record the disposal under the following assumptions. (a) (b) (c) It was scrapped as having no value. It was sold for $23,200. It was sold for $27,100. m 9-6 Score Results by es are automaticall indented when amount s entered Do not Indent manually I no entry \'s rnquired select No Entry indent manually. If no entry is required, select \"No Entry No. Account Titles and Explanation Debit Credit

Solution

No Account Titles and Explanation Debit Credit a) Loss on disposal 25,400 Accumulated depreciation 50,400 Equipment 75,800 b) Cash 23,200 loss on disposal 2,200 Accumulated depreciation 50,400 Equipment 75,800 c) Cash 27,100 Accumulated depreciation 50,400 Gain on Disposal 1,700 Equipment 75,800