a. Record General Journal entries to account for the depreciation 6 months ended 31 December and...

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a. Record General Journal entries to account for the depreciation 6 months ended 31 December and the sale of the finishing machine and post to the relevant ledger accounts. General Journal - O'Reilly Pty Ltd Date Details 30/11/XX Disposal Finishing Machine Transfer asset cost to Disposal Account 30/11/XX Accumulated Depreciation Disposal Transfer asset accumulated depreciation to Disposal Account 30/11/XX Bank Disposal GST Collected Sale of asset to Jake Strong 30/11/XX Disposal Profit on Disposal Profit on disposal of asset 30/6/XX Profit & Loss Depreciation Transfer Profit on disposal of asset to Profit and Loss account Debit Credit 25,000 25,000 13,000 13,000 14,300 13,000 1,300 1000 1000 3000 3000 a. Record General Journal entries to account for the depreciation 6 months ended 31 December and the sale of the finishing machine and post to the relevant ledger accounts. General Journal - O'Reilly Pty Ltd Date Details 30/11/XX Disposal Finishing Machine Transfer asset cost to Disposal Account 30/11/XX Accumulated Depreciation Disposal Transfer asset accumulated depreciation to Disposal Account 30/11/XX Bank Disposal GST Collected Sale of asset to Jake Strong 30/11/XX Disposal Profit on Disposal Profit on disposal of asset 30/6/XX Profit & Loss Depreciation Transfer Profit on disposal of asset to Profit and Loss account Debit Credit 25,000 25,000 13,000 13,000 14,300 13,000 1,300 1000 1000 3000 3000