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I almost have it finished just need a little more help please Question 3...

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Accounting

imageI almimageost have it finished just need a little more help please

Question 3 of 9 0.97 / 1 2 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Blossom Company owns equipment that cost $77,000 when purchased on January 1, 2019. It has been depreciated using the straight-line method based on an estimated salvage value of $17,000 and an estimated useful life of 5 years. Prepare Blossom Company's journal entries to record the sale of the equipment in these four independent situations. (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 o for the amounts.) (a) (b) (c) (d) Sold for $43,000 on January 1, 2022. Sold for $43,000 on May 1, 2022. Sold for $19,000 on January 1, 2022. Sold for $19,000 on October 1, 2022. (To record sale of equipment) (c) Cash 19000 Accumulated Depreciation-Equipment 36000 Loss on Disposal of Plant Assets Equipment 77000 (d) Depreciation Expense 9000 Accumulated Depreciation-Equipment 9000 (To record depreciation) Cash 19000 Accumulated Depreciation-Equipment 45000 Loss on Disposal of Plant Assets Equipment 77000 (To record sale of equipment)

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