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124A sold an old truck which originally cost $14,000 but which now has a book value of $5,000) for a price of $8,000 cash

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124A sold an old truck which originally cost $14,000 but which now has a book value of $5,000) for a price of $8,000 cash 125 A purchased 300 speaker systems from Cal Acoustics at a per unit cost of $75.00 Terms 2/10, 6/30 12/10 Collected from WOW the amount due. Refer to the 122 event before recording 12/12 Paid Cal Acoustics the amount owed Refer to the 12/5 event before recording 12/16 Borrowed money from the bank. Signed a 1-year, 6% annual interest rate, $20,000 note: payable to the bank

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