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Brown Corporation sold a truck on January 2, 2022 for $25,000 cash. The truck, which originally cost $45,000, had accumulated depreciation through December 31,2021 of

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Brown Corporation sold a truck on January 2, 2022 for $25,000 cash. The truck, which originally cost $45,000, had accumulated depreciation through December 31,2021 of $5,000. Prepare the general journal entry to record the disposal of the truck on January 2,2022. Prepare the general journal entry to record the disposal of the truck on January 2 , 2022

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