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Accounting Help pls!?

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Equipment acquired at a cost of $126,000 and a book value of $42,000. Journalize the disposal of the equipment under the following independent assumptions.

(a) The equipment had no market value and was discarded.

(b) The equipment is sold for $53,000.

(c) The equipment is sold for $27,000.

(d) The equipment is traded-in for a similar asset. The list price of the new equipment is $63,000.

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  1. a. Credit Equipment for $126000

    Dr Accumulated Depreciation/Equipment $84000

    Dr Loss on Disposal $42000

    b.Dr Cash $53000

    Dr Accumulated Depreciation/Equipment $84000

    Cr Equipment for $126000

    Cr Gain on Sale of Equipment $11000

    c. Dr Cash $27000

    Dr Acc Dep/Eq $84000

    Dr Loss on Sale of Eq $15000

    Cr Equipment $126000

    d. Cr Equipment $84000

    Dr Acc/Depr $84000

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