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Advanced Airways purchased a baggage-handling truck for $60,000. Suppose Advanced Airways sold the truck on December 31,2018 , for $44,000 cash, after using the truck

image text in transcribed Advanced Airways purchased a baggage-handling truck for $60,000. Suppose Advanced Airways sold the truck on December 31,2018 , for $44,000 cash, after using the truck for four full years and accumulating depreciation of $26,000. Make the journal entry to record Advanced Airways' sale of the truck. (Record debits first, then credits. Exclude explanations from any journal entries.)

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