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Business, 18.02.2021 21:40 acavalieri72

Funseth Farms Inc. purchased a tractor in 2018 at a cost of $31,200. The tractor was sold for $3,100 in 2021. Depreciation recorded through the disposal date totaled $27,000. (1) Prepare the journal entry to record the sale. (2) Now assume the tractor was sold for $10,300; prepare the journal entry to record the sale

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Funseth Farms Inc. purchased a tractor in 2018 at a cost of $31,200. The tractor was sold for $3,100...
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