A truck is sold outright for $6,200. The financial records show that its cost was $15,000 and accumulated depreciation to the date of sale is $7,000. Journalize the entry to record the disposal of this asset. Trucks are recorded to Transportation Equipment..

Save Answer A truck is sold outright for $6,200. The financial records show that its cost was $15,000 and accumulated depreciation to the date of sale is $7,000. Journalize the entry to record the disposal of this asset. Trucks are recorded to Transportation Equipment. T T T Arial Path: p Words:0 QUESTION 2 0.5 points Save Answer A computer with an original cost of $25,000 and accumulated depreciation of $19,000 is traded in for a new computer with a list price of $40,000. The dealer grants a trade-in allowance of $10,000 on the old computer. The balance of $30,000 is paid with $5,000 cash and a note for the balance. Journalize this transaction in accordance with generally accepted accounting principles. Computers are recorded to a Computer Equipment account. TTI Arial 3(12pt) . T. :-- -2