Question: On February 28 Reyes Company discarded office equipment with no
On February 28, Reyes Company discarded office equipment with no salvage value. The following details are taken from the property and equipment record: cost, $ 2,000; accumulated depreciation as of the previous December 31, $ 1,820; monthly depreciation, $ 14. Journalize entries to record the depreciation of the office equipment to date and to record the disposal of the office equipment.
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