On 12/31/18 The Deere Company sold office equipment that had a book value of $6,200 for...
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On 12/31/18 The Deere Company sold office equipment that had a book value of $6,200 for $8,000. The office equipment originally cost $15,000 and it is estimated that it would cost $19,000 to replace the office equipment. Prepare the appropriate journal entry to record the disposition of the office equipment. On 12/31/18 The Deere Company sold office equipment that had a book value of $6,200 for $8,000. The office equipment originally cost $15,000 and it is estimated that it would cost $19,000 to replace the office equipment. Prepare the appropriate journal entry to record the disposition of the office equipment.
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