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8 Required intormation E9-11 (Algo) Demonstrating the Effect of Book Value on Reporting an Asset Disposal [LO 9-5] [The following information applies to the questions

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Required intormation E9-11 (Algo) Demonstrating the Effect of Book Value on Reporting an Asset Disposal [LO 9-5] [The following information applies to the questions displayed below] Naidu Companies 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 Naidu sold a delivery truck for $23,000. Naidu had originally purchased the vehicle and recorded it in the Truck account for $39,000 and had recorded depreciation for three years. =911( Algo) Part 4 Prepare the journal entry to record the disposal of the truck, assuming Accumulated Depreciation--Truck was (a) $16,000, (b) $13,000, and (c) \$19,000: (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account Journal entry worksheet Journal entry worksheet Record the sale of the truck that has an accumulated depreciation balance of $16,000 at the time of disposal. Note: Enter debits before credits. Journal entry worksheet Record the sale of the truck that has an accumulated depreciation balance of $13,000 at the time of disposal. Note: Enter debits before credits. Record the sale of the truck that has an accumulated depreciation balance of $19,000 at the time of disposal. Note: Enter debits before credits

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