Try another version of this question On February 23, 2020, Frank’s Fixtures discarded equipment that had a cost of $12,540, a residual value of $0, and was fully depreciated. Journalize the disposal of the equipment. Question 1
Date Description Debit Credit February 23 February 23 Date Description Debit Credit February 23 Accumulated Depr.-Equipment 12,540 February 23 Equipment 12,540