14.

Commonwealth Delivery is the world's leading express-distribution company. In addition to the world's largest fleet of all cargo aircraft, the company has more than 673 aircraft and 54,000 vehicles and trailers that pick up and deliver packages. Assume that Commonwealth Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the following:

Delivery truck cost	$	49,000
Accumulated depreciation		33,700

Required:

1. Prepare the journal entry for the disposal of the truck, assuming that the truck sold for: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

a. $15,300 cash

b. $16,100 cash

c. $13,300 cash

Commorwealth Delivery is the world's leading express-distribution company. In addition to the world's largest fleet of all cargo aircraft, the company has more than 673 aircraft and 54,000 vehicles and trailers that pick up and deliver packages. Assume that Commonwealth Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the folliowing Delivery truck cost Accumulated depreciation $ 49,000 33,700 Required 1. Prepare the journal entry for the disposal of the truck, assuming that the truck sold for. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. $15,300 cash b. $16,100 cash c. $13,300 cash View transaction list Journal entry worksheet Record the disposal of the truck, assuming it sold for $15,300 cash. Note: Enter debits before credits. Debit Credit View general journal Record entry Clear entry