Micron Precision purchased a computer for $3,100, debiting Computer equipment. During 2010 and 2011, Micron...
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Micron Precision purchased a computer for $3,100, debiting Computer equipment. During 2010 and 2011, Micron Precision recorded total depreciation of $2,200 on the computer. On January 1, 2012, Micron Precision traded in the computer for a new one, paying $2,900 cash.
R1. Journalize Micron Precision's exchange of computers.
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You can see the logs in the Dashboard.