Hanshew's Lumber Mill sold two machines in 2014. The following information pertains to the two machines:
Instructions
(a) Compute the depreciation on each machine to the date of disposal.
(b) Prepare the journal entries in 2014 to record 2014 depreciation and the sale of each machine.

Question

Hanshew's Lumber Mill sold two machines in 2014. The following information pertains to the two machines: 
Instructions
(a) Compute the depreciation on each machine to the date of disposal.
(b) Prepare the journal entries in 2014 to record 2014 depreciation and the sale of each machine.

Quizplus · Accepted Answer

The Answer of Hanshew's Lumber Mill sold two machines in 2014. The following information pertains to the two machines: 
Instructions
(a) Compute the depreciation on each machine to the date of disposal.
(b) Prepare the journal entries in 2014 to record 2014 depreciation and the sale of each machine.

Hanshew's Lumber Mill Sold Two Machines in 2014