E Homework: Chapter 10 Homework Question 6, S10-8 (simil... Part 3 of 3 > HW Score: 63.21%, 31.61 of 50 points Points: 0.71 of 4 Save On April 30, 2018, Choice Landscapes discarded equipment that had a cost of $16,800. Accumulated Depreciation as of December 31, 2017, was $15,000. Assume annual depreciation on the equipment is $1,800. Journalize the partial-year depreciation expense and disposal of the equipment. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the partial-year depreciation expense. Date Credit Accounts and Explanation Depreciation Expense Equipment Accumulated Depreciation Equipment Debit 800 Apr. 30 600 To record depreciation on equipment. Calculate any gain or loss on the disposal of the equipment. (Enter a "O" for Items with a zero value. Enter a loss with a minus sign or parentheses.) ' . Market value of assets received $ O Less: Book value of asset disposed of Cost $ 16.800 (15,6001 Less: Accumulated Depreciation 1,200 Gain or (Loss) $ (1,200) Journalize the disposal of the equipment Date Accounts and Explanation Debit Credit Apr. 30 Help me solve this Demodocs example Get more help Clear all Check