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2. Sold a truck for Br. 950.00. The truck had been purchased two years ago on January 2 for Br. 2300.00.The amount of depreciation is
2. Sold a truck for Br. 950.00. The truck had been purchased two years ago on January 2 for Br. 2300.00.The amount of depreciation is Br. 400.00 a year. Accumulated depreciation for that amount was recorded at the end of the two previous years.
a. Record the depreciation for the current year to June 30.
b. Record the sale of the truck.
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