Current Attempt in Progress

Presented here are selected transactions for Cullumber Limited for $2024.$ Cullumber uses straight$-$line depreciation and records adjusting entries annually.

Jan. $1$ Sold a delivery truck for $$18,840$ cash. The truck cost $$64,060$ when it was purchased on January $1,2021,$ and was depreciated based on a four$-$year useful life with a $$5,800$ residual value.

Sept. $1$ Sold computers that were purchased on January $1,2022.$ They cost $$11,187$ and had a useful life of three years with no residual value. The computers were sold for $$480$ cash.

Dec. $30$ Retired equipment that was purchased on January $1,2015.$ The equipment cost $$145,500$ and had a useful life of $10$ years with no residual value. No proceeds were received.

$($a$)$

Record the above transactions. $($List all debit entries before credit entries. Credit account titles are automatically indented when the 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. Record entries in the order displayed in the problem statement.$)$

Date Account Titles and Explanation

Debit

Credit