Question: iew Policies = Current Attempt in Progress On January 3, 2021, Wildhorse Company retires equipment, which cost $25,000. No residual value is received. Prepare

iew Policies = Current Attempt in Progress On January 3, 2021, Wildhorse

iew Policies = Current Attempt in Progress On January 3, 2021, Wildhorse Company retires equipment, which cost $25,000. No residual value is received. Prepare journal entries to record the transaction if accumulated depreciation is also $25,000 on this equipment. Wildhorse has a December 31 fiscal year end. (Credit account titles are automatically indented when the 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.) Account Titles and Explanation Debit Credit (To record retirement of equipment.) eTextbook and Media List of Accounts

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