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Commonweath Delivery is the world's leading express-distribution company. In addtion to the wonld's largest fleet of all cargo aircraft, the company has more than 663
Commonweath Delivery is the world's leading express-distribution company. In addtion to the wonld's largest fleet of all cargo aircraft, the company has more than 663 aircraft and 62,000 vehicles and trailers that pick up and deliver packages. Assume that Commonweath Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the folowing Delivery truck cost 52.000 37,100 Jated depreciaton 1. Prepare the journal entry for the disposal of the truck, assuming that the truck sold for: (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) a. $14,900 cash b. $16,400 cash c. $12,900 cash View transaction list Journal entry worksheet Record the disposal of the truck, assuming it sold for $14,900 cash Note: Enter debits before credits Debit Credit Record entry Clear entry View general journal
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