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Business, 06.04.2020 19:05 cuhh

Suppose a piece of plant equipment that PepsiCo put into service on January 1, 2014, at a total cost of $300,000 with an expected useful life of 5 years and a salvage value of $60,000 is sold on June 30, 2018, for $60,000. The accumulated depreciation is $216,000.
What would the journal entry look like to record this sale?

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Suppose a piece of plant equipment that PepsiCo put into service on January 1, 2014, at a total cost...
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