Brothers has decided to sell the machine. (Credit account titles are automatical indent manually. If...
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Brothers has decided to sell the machine. (Credit account titles are automatical indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (a) What entry would Splish Brothers make to record the sale of the machine for $38,000 cash? (b) What entry would Splish Brothers make to record the sale of the machine for $15,000 cash? (a) (b) Account Titles and Explanation Cash Accumulated Depreciation-Equipment Equipment Gain on Disposal of Plant Assets Cash Loss on Disposal of Plant Assets Accumulated Depreciation-Equipment Equipment Debit 38,000 27,600 15,000 27,600 Credit I 60,000 60,000 Question 8 Accounting Multist Question 9 Accounting Multist Question 10 Accounting Dropdc Question 11 Accounting Dropdc Question 12 Accounting Dropdc Question 13 Accounting Dropdo Question 14 Accounting Multist Viewing Ques Accounting Dropd- Question 16 Accounting Dropdo
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You can see the logs in the Dashboard.