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Here are selected 2025 transactions of Pina Corporation. Jan. 1 Retired a piece...

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Accounting

Here are selected 2025 transactions of Pina Corporation.
Jan. 1 Retired a piece of machinery that was purchased on January 1,2015. The machine cost $61,000 and had a useful life
of 10 years with no salvage value.
June 30 Sold a computer that was purchased on January 1,2023. The computer cost $35,200 and had a useful life of 4 years
with no salvage value. The computer was sold for $5,100 cash.
Dec. 31 Sold a delivery truck for $9,400 cash. The truck cost $23,300 when it was purchased on January 1,2022, and was
depreciated based on a 5-year useful life with a $3,800 salvage value.
Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable.
Pina Corporation uses straight-line depreciation. (List all debit entries before credit entries. Record entries in the order displayed in the
problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required,
select "No Entry" for the account titles and enter 0 for the amounts.)
(To record depreciation expense)
(To record depreciation expense)
(To record sale of computer)
(To record depreciation expense)
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