42 D Sat 9:25 AM a E chrome File Edit View History Bookmarks People Window Help WAS Assessment Player Toolx+ https://assessmert education. iley.com was assessment player products a2b619c4-9cad-4f5f-ab20df9dd084ed8f assessments 3747da2 Presented below are selected transactions for Werley Company for 2018 1 Rece ved$9,000 scrap value on retirement of machinery that was purchased on January2008 with no salvage value The machine cost Jan, 9000 ont atte adha lifeof overs ause Sold equipment for $34,000 that was purchased on January 1,2015. The equipment cost $90,000, and had a useful life of 5 years with no salvage value. April 30 Dec. 31 Discarded a business automobile that was purchased on April 1,2014. The car cost $27,000 and was depreciated on a 5-year useful life with a salvage value of $2,000. Journalize all entries required as a result of the above transactions. Werley Company uses the straight-line method of depreciation and has recorded depreciation through December 31, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.Record journal entries in the order presented in the problem. If no entry is required, select No Entry" for the account titles and enter O for the amounts.) Debit Date Account Titles and Explanation Credit Jan. 1 Accumulated Depreciation-Equipment 90,000 Equipment 90,000 April 30Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation expense) 42 chrome File Edit View History Bookmarks People Window Help Sat 9:25 AM a E WAS Assessment Player Toolx+ O https://assessment.education. ley.com was assessment-player products a2b619c49cad-4f5f-ab20df9dd084ed8f assessments 37 47da2 90,000 Equipment April 30 $ Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation expense) April 30 cash Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment (To record sale of equipment) Dec. 31Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation expense) Dec. 31 Cash Gain on Disposal of Plant Assets