[nikita41]

Prachna Premium Products purchased several cash registers in June 2007 fr $3,000. The cash register were expected to last three years with no salvage value. Prachna uses the straight-line depreciation methods.

After experiencing theft losses, Prachna decided to upgrade its cash registers to ones with optical scanners in June 2008, Prachna was able to sell the old cash registers to Andrew Young for $2,150.

Prepare the journal.

[pready]

This is exctly the same type of problem you posted before and I already told you how to solve it, except in this situation you have to use the Straight line depreciation method which is rather simple. You just take the cost of the asset minus the salvage value of the asset then divide that amount with the useful life of the asset to get your depreciation amount per year. Then just plug in your amounts to the journal entry that I previously gave you in your other post.