Ch 10-3 Exercises & Problems eBook Show Me How Calculator Print Item 1. EX.10-15.BLANKSHEET AL... Entries for Sale of Fixed Asset Equipment acquired on January 8 at a cost of $123,900, has an estimated useful life of 14 years, has an estimated residual value of $7,700, and is depreciated by the straight-line method. 2. EX. 10-09. ALGO a. What was the book value of the equipment at December 31 the end of the fourth year? 3. EX. 10-07 ALGO 4. EX.10-16.BLANKSHEET AL... b. Assuming that the equipment was sold on April 1 of the fifth year for 83,200. 5. EX.10-17 ALGO 1. Journalize the entry to record depreciation for the three months until the sale date. Round your answers to the nerest whole dollar if required. 6. EX.10-19. ALGO 2. Journalize the entry to record the sale of the equipment. If an amount box does not require an entry, leave it blank. Do not round intermediate calculations. 1. EX. 10-15.BLANKSHEET.AL... Entries for Sale of Fixed Asset Equipment acquired on January 8 at a cost of $123,900, has an estimated useful life of 14 years, has an estimated residual value of $7,700, and is depreciated by the straight-line method. 2. EX.10-09. ALGO a. What was the book value of the equipment at December 31 the end of the fourth year? 3. EX.10-07 ALGO 4. EX. 10-16.BLANKSHEET.AL... b. Assuming that the equipment was sold on April 1 of the fifth year for 83,200. 5. EX.10-17 ALGO 1. Journalize the entry to record depreciation for the three months until the sale date. Round your answers to the nerest whole dollar if required. 6. EX. 10-19 ALGO Accounts Payable d the sale of the equipment. If an amount box does not require an entry, leave it blank. Do not round intermediate calculations. Accumulated Depreciation Equipment Cash Depreciation Expense-Equipment Equipment Equipment Expense 1. EX.10-15.BLANKSHEET.AL... Entries for Sale of Fixed Asset Equipment acquired on January 8 at a cost of $123,900, has an estimated useful life of 14 years, has an estimated residual value of $7,700, and is depreciated by the straight-line method. 2. EX.10-09. ALGO a. What was the book value of the equipment at December 31 the end of the fourth year? 3. EX.10-07 ALGO 4. EX. 10-16.BLANKSHEET.AL... b. Assuming that the equipment was sold on April 1 of the fifth year for 83,200. 5. EX. 10-17 ALGO 1. Journalize the entry to record depreciation for the three months until the sale date. Round your answers to the nerest whole dollar if required. 6. EX.10-19. ALGO 2. Journalize the entry to record the sale of the equipment. If an amount box does not require an entry, leave it blank. Do not round intermediate calculations. Accumulated Depreciation-Equipment Equipment Equipment Expense Gain on Sale of Equipment Loss on Sale of Equipment