Problem 10-06A
Pina Colada Co. has equipment that cost $81,500 and that has been depreciated $50,200.
Record the disposal under the following assumptions.
(a)It was scrapped as having no value.(b)It was sold for $21,000.(c)It was sold for $33,600.
(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)
No.
Account Titles and Explanation
Debit
Credit
(a)
(b)
(c)
