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Brown Corporation sold a truck on January 2, 2022 for $52,000 cash. The truck, which originally cost $86,000, had accumulated depreciation through December 31, 2021
Brown Corporation sold a truck on January 2, 2022 for $52,000 cash. The truck, which originally cost $86,000, had accumulated depreciation through December 31, 2021 of $24,000. 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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