Garcia Company owns equipment that cost $82,800, with accumulated depreciation of $43,800. Record the sale of...

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Garcia Company owns equipment that cost $82,800, with accumulated depreciation of $43,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $51,500 cash, (2) $39,000 cash, and (3) $33,900 cash. View transaction list Journal entry worksheet < A B C Record the sale of equipment assuming Garcia sells the equipment for $51,500 cash. Note: Enter debits before credits. Transaction 1 Cash Accumulated depreciation-Equipment General Journal Debit Credit 51,500 43,800 Gain on sale of equipment Equipment 82,800 > QS 8-12 (Algo) Disposal of assets LO P2 Garcia Company owns equipment that cost $82,800, with accumulated depreciation of $43,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $51,500 cash, (2) $39,000 cash, and (3) $33,900 cash. View transaction list Journal entry worksheet < A B C Record the sale of equipment assuming Garcia sells the equipment for $39,000 cash. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Record entry Clear entry View general journal > QS 8-12 (Algo) Disposal of assets LO P2 Garcia Company owns equipment that cost $82,800, with accumulated depreciation of $43,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $51,500 cash, (2) $39,000 cash, and (3) $33,900 cash. View transaction list Journal entry worksheet A B Record the sale of equipment assuming Garcia sells the equipment for $33,900 cash. Note: Enter debits before credits. Transaction 3 General Journal Debit Credit Record entry Clear entry View general journal Garcia Company owns equipment that cost $82,800, with accumulated depreciation of $43,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $51,500 cash, (2) $39,000 cash, and (3) $33,900 cash. View transaction list Journal entry worksheet < A B C Record the sale of equipment assuming Garcia sells the equipment for $51,500 cash. Note: Enter debits before credits. Transaction 1 Cash Accumulated depreciation-Equipment General Journal Debit Credit 51,500 43,800 Gain on sale of equipment Equipment 82,800 > QS 8-12 (Algo) Disposal of assets LO P2 Garcia Company owns equipment that cost $82,800, with accumulated depreciation of $43,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $51,500 cash, (2) $39,000 cash, and (3) $33,900 cash. View transaction list Journal entry worksheet < A B C Record the sale of equipment assuming Garcia sells the equipment for $39,000 cash. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Record entry Clear entry View general journal > QS 8-12 (Algo) Disposal of assets LO P2 Garcia Company owns equipment that cost $82,800, with accumulated depreciation of $43,800. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $51,500 cash, (2) $39,000 cash, and (3) $33,900 cash. View transaction list Journal entry worksheet A B Record the sale of equipment assuming Garcia sells the equipment for $33,900 cash. Note: Enter debits before credits. Transaction 3 General Journal Debit Credit Record entry Clear entry View general journal