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Prepare journal entries to record given transactions

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Reference no: EM133161111

Question - Prepare journal entries to record these transactions.

(a) Carla Vista Co. retires its delivery equipment, which cost $50,810. Accumulated depreciation is also $50,810 on this delivery equipment. No salvage value is received.

(b) Assume the same information as in part (a), except that accumulated depreciation for the equipment is $37,640 instead of 50,810.

Reference no: EM133161111

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