On April 1,2013,a company discarded a computer that cost $15,000 and that had a useful life of four years and a salvage value of $1,000.Using straight-line depreciation,the accumulated depreciation as of December 31,2012,was $10,700.
a.Prepare the journal entry to record depreciation up to the date of disposal of the computer
b.Prepare the journal entry to record the disposal of the computer.

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The Answer of On April 1,2013,a company discarded a computer that cost $15,000 and that had a useful life of four years and a salvage value of $1,000.Using straight-line depreciation,the accumulated depreciation as of December 31,2012,was $10,700.
a.Prepare the journal entry to record depreciation up to the date of disposal of the computer
b.Prepare the journal entry to record the disposal of the computer.

On April 1,2013,a Company Discarded a Computer That Cost $15,000