Record the interest payment on December 31, 2016.  Use the f…

Record the interest payment on December 31, 2016.  Use the following account headings in your response:                                Accounts                                                           Debit         Credit

Curel Co. has sold a piece of equipment: Cost               …

Curel Co. has sold a piece of equipment: Cost                                                                              $15,000 Accumulated depreciation                             $12,000 The equipment is sold for $2,000 cash. Use the information above to record the disposal of the equipment.  Use the following account headings in your response:                                Accounts                                                           Debit         Credit

Jones Co. has incurred current depreciation of $15,000.  Rec…

Jones Co. has incurred current depreciation of $15,000.  Record the appropriate adjusting journal entry using the following account headings in your response:                                Accounts                                                           Debit         Credit