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Business, 05.07.2019 18:30 risaroo070618

Wildhorse co. sells office equipment on july 31, 2017, for $20,340 cash. the office equipment originally cost $79,190 and as of january 1, 2017, had accumulated depreciation of $38,580. depreciation for the first 7 months of 2017 is $4,080. prepare the journal entries to (a) update depreciation to july 31, 2017, and (b) record the sale of the equipment.

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Wildhorse co. sells office equipment on july 31, 2017, for $20,340 cash. the office equipment origin...
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