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Prepare journal entries to record these transactions, (Credit account titles are outomatically indented when amount...

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Accounting

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Prepare journal entries to record these transactions, (Credit account titles are outomatically 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.) (a) Pharoah Compary retires its delivery equipment, which cost $43,640. Accumulated depreciation is also $43,640 on this delivery equipment. No salvage value is received. (b) Assume the same information as in part (a), except that accumulated depreciation for the equipment is $37,050 instead of 43,640

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