Blue spruce corp. sells equipment on september 30, 2019, for $17,600 cash. the equipment originally cost $72,700 and as of january 1, 2019, had accumulated depreciation of $41,700. depreciation for the first 9 months of 2019 is $4,850. prepare the journal entries to (a) update depreciation to september 30, 2019, and (b) record the sale

Mystic bottling company bottles popular beverages in the bottling department. the beverages are produced by blending concentrate with water and sugar. the concentrate is purchased from a concentrate producer. the concentrate producer sets higher prices for the more popular concentrate flavors. a simplified bottling department cost of production report separating the cost of bottling the four flavors follows: