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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 661

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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 661 aircraft and 70.000 vehicles and trailers that pick up and deliver 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 cost Accumulated depreciation $ 55,000 39,700 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 required" in the first account field.) a. $15,300 cash b. $17,300 cash c. $14.200 cash Journal entry worksheet Record the disposal of the truck, assuming that the truck was sold for $17,300 cash. Note: Enter debits before credits. General Journal Debit Credit Transaction b Record entry Clear entry View general journal Journal entry worksheet

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