Puckett Co. has office furniture that cost $75,092 and that has been depreciated $49,709.
Record the disposal under the following assumptions.
Instructions:
a. It was scrapped as having no value. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.)
b. It was sold for $21,382. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.)
c. It was sold for $31,186. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.)