On, January 2, 2016, Rubble Sand and Gravel Company purchased equipment for $77,000 The equipment was to be used for five years and had a $2,000 estimated residual value.
On January 2, 2019, equipment was sold for $30,000. Record the transactions on page 9 of a general journal. Omit descriptions.

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The Answer of On, January 2, 2016, Rubble Sand and Gravel Company purchased equipment for $77,000 The equipment was to be used for five years and had a $2,000 estimated residual value.
On January 2, 2019, equipment was sold for $30,000. Record the transactions on page 9 of a general journal. Omit descriptions.

On, January 2, 2016, Rubble Sand and Gravel Company Purchased