Question: help with part 1 and 2 would be appreciated 0 Required information [The following information applies to the questions displayed below.) Abbott Landscaping purchased a

help with part 1 and 2 would be appreciated  help with part 1 and 2 would be appreciated 0 Required
information [The following information applies to the questions displayed below.) Abbott Landscaping

0 Required information [The following information applies to the questions displayed below.) Abbott Landscaping purchased a tractor at a cost of $27,000 and sold it three years later for $14,400. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $3,500 residual value. Tractors are included in the Equipment account. Required: 1. Record the sale. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction lit Journal entry worksheet 1 Record the sale of equipment. Note Enter debit before credits Transaction General Journal Dobit Credit [The following information applies to the questions displayed below.) Abbott Landscaping purchased a tractor at a cost of $27,000 and sold it three years later for $14,400. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $3,500 residual value. Tractors are included in the Equipment account 2. Assume the tractor was sold for $9.400 instead of $14,400. Record the sale. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction llet Journal entry worksheet 1 Record the sale of equipment. Note: Enter debits before credits Transaction General Journal Dubit Credit

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