Question: Piper's Pizza sold baking equipment for $ 2 5 , 3 0 0 . The equipment was originally purchased for $ 7 2 , 3

Piper's Pizza sold baking equipment for $25,300. The equipment was originally purchased for $72,300, and depreciation through the date of sale totaled $51,300.
Record the gain or loss on the sale of the equipment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
Journal entry worksheet
1
Record the sale of the equipment.
Note: Enter debits before credits.
\table[[Transaction,General Journal,Debit,Credit],[1,,,],[,,,],[,,,],[,,,],[,,,]]
Piper's Pizza sold baking equipment for $25,300. The equipment was originally

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