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Question 2 Blue Spruce Manufacturing has old equipment that cost $52,000. The equipment has accumulated depreciation of $28,700. Blue Spruce has decided to sell the equipment. (Credit account titles are automatically 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) What entry would Blue Spruce make to record the sale of the equipment for $37,000 cash? (b) What entry would Blue Spruce make to record the sale of the equipment for $15,000 cash? Account Titles and Explanation (a) (b) Debit Credit

          Question 2
Blue Spruce Manufacturing has old equipment that cost $52,000. The equipment has accumulated depreciation of $28,700. Blue Spruce has decided to sell the equipment.
(Credit account titles are automatically 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) What entry would Blue Spruce make to record the sale of the equipment for $37,000 cash?
(b) What entry would Blue Spruce make to record the sale of the equipment for $15,000 cash?
Account Titles and Explanation
(a)
(b)
Debit
Credit

Question 2
Blue Spruce Manufacturing has old equipment that cost 52,000. The equipment has accumulated depreciation of28,700. Blue Spruce has decided to sell the equipment.
(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select N̈o Entryf̈or the
account titles and enter 0 for the amounts.)
(a) What entry would Blue Spruce make to record the sale of the equipment for 37,000 cash?
(b) What entry would Blue Spruce make to record the sale of the equipment for15,000 cash?
Account Titles and Explanation
(a)
(b)
Debit
Credit

Added by Jillian F.

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