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GethsXM ham.com Pranon wit can Question 10 L McDowell Enterprises sold equipment on January 1, 2030 for $10,000. The equipment had cost $48.000. The balance in Accumulated Depreciation of January 1 Is $38,000. What entry would Bo make to record the sale of the equipment? Hint it net book value of an asset is greater than the sales price, then. It will be loss. the sales price is greater than the net book value of an asset, then it will begin General Journals Account Titles and Debit 51 Credits Explanation IS Select 38,000 Equipment Sele! To record sale of equipment Carsten Os. lije 4 5 5 CO 7 8 E R T ER TV DIF GllH K