Luchy Radio N Saved Chapter #7 Homework Exercise 7-17A Record the sale of equipment (L07-6) [The following information applies to the questions displayed below.) Abbott Landscaping purchased a tractor at a cost of $37000 and sold it three years later for $18.800. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $2.500 residual value. Tractors are included in the Equipment account. Exercise 7-17A Part 1 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 ist Journal entry worksheet ke to search O II 2 Stutt Luchy Radios - Dimension Programas Mantras http://www.endme ve Viewpost 3 https://yourmortga.. Luchy Stuhl A.CO ect Chapter #7 Homework Saved 7 The following information apples to the questions displayed below.) Abbott Landscaping purchased a tractor at a cost of $37,000 and sold it three years later for $18.800. Abbott recorded depreciation using the straight-line method, a five year service life, and a $2,500 residual value. Tractors are included in the Equipment account. of 2 Exercise 7-17A Part 2 2. Assume the tractor was sold for $11,800 instead of $18,800. Record the sale. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) ook ht View transaction list Journal entry worksheet