Salva Pest Control disposed of four assets recently. Salva€™s accounting records provided the following information about the assets at the time of their disposal:

The truck was sold for $2,000 cash, and the chemical testing apparatus was donated to the local high school. Because the pump was contaminated with pesticides, $500 in cash was paid to a chemical disposal company to decontaminate the pump and dispose of it safely. The office equipment was taken to the local landfill.

Required:
Prepare a separate journal entry to record the disposition of each of theseassets.

Transcribed Image Text:

Asset Pump Truck Office equipment Chemical testing apparatus Accumulated Depredation $ 4,800 17,500 4,000 4,000 Cost 5,900 18,600 4,200 7,300