Current Attempt in Progress

Prepare journal entries to record these transactions. $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts.$)$

$($a$)$ Carla Vista Co$.$ retires its delivery equipment, which cost $$50,810.$ Accumulated depreciation is also $$50,810$ on this delivery equipment. No salvage value is received.

$($b$)$ Assume the same information as in part $($a$),$ except that accumulated depreciation for the equipment is $$37,640$ instead of $$50,810.$

No$.$ Account Titles and Explanation

Debit

Credit

$($a$)$

$($b$)$