Remaining Time: 58 minutes, 55 seconds. * Question Completion Status: 2 3 4 5 6 7 8 10 11 12 Questo Z OF 1Z Question 2 10 points Save Answer On August 1, 2019, Green Company sells equipment for 7,000 cash. The office equipment originally cost 61,000. As of January 1, 2019, it had accumulated depreciation of 42,000. Depreciation for the first seven months of 2019 is 9,000. 1. The credit side of the journal entry to record the depreciation expense up to the date of sale (August 1) is: 2. The amount of (gain/loss) on disposal of plant assets that should be recognized when green company records the sale on August 1 is: 3. The credit side on the journal entry to record the sale on August 1 by green company is: 4. Assume that instead of selling the office furniture for 7,000, green company sells it for 17,000 on August 1. Then the amount of (gain/loss) on disposal of plant assets that should be recognized when green company records the sale on August 1 is: Type here to search 4) ENG 1:16 PM 1/27/2021