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Sunland Limited equipment on September 30, 2018, for $38.220 cash. The equipment originally cost $154,030...

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Accounting

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Sunland Limited equipment on September 30, 2018, for $38.220 cash. The equipment originally cost $154,030 when purchased on January 1, 2016. It has an estimated residual value of $3,970 and a useful life of tive years. Depreciation was ist recorded on December 31, 2017, the company's year and Record debit side accounts first followed by credit side account Prepare the journal entry to update depreciation Indent manually. Ir ne entry is required t in the stre ne method to September 30, 2018. (Cred account s are automatically indented when the amount is entered. Do not o try for the accounts and enter for the amounts) Account Titles and Explanatio Prepare the journal entry to record the sale of the equipment. (Credit account sites are automatically indented when the amount is entered De not indent manually. It ne entry vedelect "Ne Entry for the accounts and enter for the amou ) Account Titles and Explanation Debit Credit

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