Concord Company purchased a delivery truck on June 1 for $34,800, paying $11,600 cash and signing a 6%, 2-month note for the remaining balance. The truck is expected to depreciate 56,960 each year. Concord Company prepares monthly financial statements. Prepare the general journal entry to record the acquisition of the delivery truck on June 1. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Prepare any adjusting journal entries that should be made on June 30. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit June 30 June 30 Show how the delivery truck will be reflected on Concord Company's balance sheet on June 30. Concord Company's Balance Sheet Assets $