Business, 01.08.2020 02:01, deku6

Blossom Company sells equipment on September 30, 2020, for $20,100 cash. The equipment originally cost $72,800 and as of January 1, 2020, had accumulated depreciation of $42,100. Depreciation for the first 9 months of 2020 is $5,45. Prepare the journal entries to (a) update depreciation to September 30, 2015, and (b) record the sale of the equipment.

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Blossom Company sells equipment on September 30, 2020, for $20,100 cash. The equipment originally co...