$\backslash$table$[[$Date$,$Account$/$Explanation$,$PR$,$Debit,Credit$],[,$a$,,,],[,,,,],[+-,,,,],[,$b$,,,],[,,,,],[+-,,,,],[,$c$,,,],[,,,,],[+-,,,,],[,$d$,,,]]$

Scenario $2$:

On January $1,2016,$ machinery that cost $$21,000$ was purchased. It had a useful life of $5$ years with a residual value of $$2,000.$ On June $30,2020,$ the machinery was sold for $$17,000.$ Record these entries:

a$.$ Current year's depreciation to the date of sale.

b$.$ The entry for the sale.

$\backslash$table$[[$General Journal,Page G$8],[$Date$,$Account$/$Explanation$,$PR$,$Debit,Credit$],[30/$Jun$,$Depreciation expense, machinery,,$1,900,],[+,$Accumulated depreciation, machinery,,,$1,900],[,$a$,,,],[30/$Jun$,$Cash,,$17,000,],[+-,$Accumulated depreciation, machinery,,,$],[,$Machinery,,,$21,000],[,$Gain on sale of machinery,,,$15,000],[,$b$,,,]]$