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3 Part 3 of 3 Check my work Required information [The following information applies to the questions displayed below.] Liang and Cruz Deliveries is
3 Part 3 of 3 Check my work Required information [The following information applies to the questions displayed below.] Liang and Cruz Deliveries is the world's leading express-distribution company. In addition to its 643 aircraft, the company has more than 57,000 ground vehicles that pick up and deliver packages. Assume that Liang and Cruz sold a delivery truck for $10,000. Liang and Cruz had originally purchased the vehicle and recorded it in the Truck account for $16,000 and had recorded depreciation for three years. 4. Prepare the journal entry to record the disposal of the truck, assuming Accumulated Depreciation--Truck was (a) $6,000, (b) $5,000, and (c) $10,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the sale of the truck that has an accumulated depreciation balance of $6,000 at the time of disposal. Note: Enter debits before credits
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