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Fast Delivery is the world's largest express transportation company. In addition to the world's largest fleet of all-cargo aircraft, the company has more than
Fast Delivery is the world's largest express transportation company. In addition to the world's largest fleet of all-cargo aircraft, the company has more than 663 alrcraft and 63,000 vehicles and trailers that pick up and dellver packages. Assume that Fast Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the following: Delivery truck cont Accumulated depreciation $ 50,000 35,100 Required: 1. Prepare the journal entry for the disposal of the truck, assuming that the truck sold for: (If no entry is required for a transaction/event, select "No Journal entry requlred" in the first account fleld.) a. $14,900 cash b. $17,500 cash c. $14,000 cash View transaction lat Journal entry worksheet 2 Record the disposal of the truck, assuming the truck was sold for $14,900 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Racord noto Cinaante Vaw nanncalloucoal
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