257
Miley Enterprises sold equipment on January 1, 2011 for ₤5,000.The equipment had cost ₤24,000.The balance in Accumulated Depreciation at January 1 is ₤20,000.What entry would Robot make to record the sale of the equipment?

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The Answer of 257
Miley Enterprises sold equipment on January 1, 2011 for ₤5,000.The equipment had cost ₤24,000.The balance in Accumulated Depreciation at January 1 is ₤20,000.What entry would Robot make to record the sale of the equipment?

257 Miley Enterprises Sold Equipment on January 1, 2011 for ₤5,000.The