Business, 15.04.2020 16:31 sin16

Prepare journal entries to record these transactions:

(a) Rangel Company retires its delivery equipment, which cost $41,000. Accumulated depreciation is also $41,000 on this delivery equipment. No salvage value is received. (b) Rangel Company retires its delivery equipment, which cost $41,000. Accumulated depreciation for the equipment is $37,200 on this delivery equipment. No salvage value is received.

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Prepare journal entries to record these transactions:

(a) Rangel Company retires its del...

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