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(b) Cindy's Cement Co. sold a delivery truck for $11,000. The delivery truck originally cost $25,000 in 2019 and $6.000 was spent on a major
(b) Cindy's Cement Co. sold a delivery truck for $11,000. The delivery truck originally cost $25,000 in 2019 and $6.000 was spent on a major overhaul in 2022 (charged to Delivery Truck account). Accumulated Amortization on the delivery truck to the date of disposal was $20,000. Prepare the appropriate journal entry to record the disposition of the delivery truck. Show your work below in the/under the journal entry. (2 marks)
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