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Here are selected 2017 transactions of Ayayal Corporation. Jan. 1 Retired a piece of machinery...

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Accounting

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Here are selected 2017 transactions of Ayayal Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2007. The machine cost $61,000 and had useful life of 1D years with no salvage value. lune 20 Sold computer that was purchased on January 1 2015. The computer cost $35,000 and had a useful ife of 4 years with ro salva e value. The computer was sold for00 cash. Dec. 31 Sold a delivery truck for $9,000 cash. The truck cost $23,000 when it was purchased on January 1, 2014, and was dereciated based on a 5-year useful life with a $3,200 salvage value Jounalize all entries required on the above dates, indluding entries to update depreciation on assets disposed of, where applicable. Ayayal Corporation uses straight-line depreciation, (Record entries In the order displayed in the problem statement. Credit account bove ste in dulered. Do no tities are automatically indented when amount is entered. Do not indent manually, It no entry is required, select "No Entry" for the account titJes and enter 0 for the amounts.) Date Acount Titles and Explanation Debit Credit (To necond dapneciation apansa for 2017) To rcord sale of computar) To recond deprecation xpense for 2017) (To record sale of delivery truck

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