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Pond Scum Creamery sold ice cream equipment for $18,000. Pond Scum originally purchased the equipment...

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Accounting

Pond Scum Creamery sold ice cream equipment for $18,000. Pond Scum originally purchased the equipment for $95,000, and depreciation through the date of sale totaled $73,50.
Record the gain or loss on the sale of the equipment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
Journal entr worksheet
1
Record the sale of the equipment.
Note: Enter debits before credits.
\table[[Transaction,General Journal,Debit,Credit],[1],[,,,],[,,,],[,,,],[,,,],[,8,,]]
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