Current Attempt in Progress

Whispering Winds Company has an old factory machine that cost $$53,500.$ The machine has accumulated depreciation of $$28,400.$ Whispering Winds has decided to sell the machine. $($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$)$ What entry would Whispering Winds make to record the sale of the machine for $$33,000$ cash?

$($b$)$ What entry would Whispering Winds make to record the sale of the machine for $$15,000$ cash?

Account Titles and Explanation

Debit

Credit

$($a$)$