Question
Bennett Corporation sold a truck on January 2, 2019 for $10,000 cash. The truck, which originally cost $18,000, had accumulated depreciation through December 31, 2018
Bennett Corporation sold a truck on January 2, 2019 for $10,000 cash. The truck, which originally cost $18,000, had accumulated depreciation through December 31, 2018 of $5,000. Prepare the general journal entry to record the disposal of the truck on January 2, 2019.
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Auditing A Risk Based-Approach
Authors: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
11th Edition
1337619455, 1337619450, 9781337670203 , 978-1337619455
