Fast Delivery is the worlds largest express transportation company. In addition to the worlds largest fleet of all-cargo aircraft, the company has more than 667 aircraft and 59,000 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 $ 45,000 Accumulated depreciation 30,100 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 required" in the first account field.) a. $14,900 cash b. $17,500 cash c. $13,300 cash

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 667 aircraft and 59,000 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 $ 45,000 30, 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 required" in the first account field.) a. $14,900 cash b. $17,500 cash c. $13,300 cash Journal entry worksheet 1 2 3 > Record the disposal of the truck, assuming the truck was sold for $14,900 cash. Note: Enter debits before credits. General Journal Debit Credit Transaction a. Journal entry worksheet 1 2 3 > Record the disposal of the truck, assuming that the truck was sold for $17,500 cash. Note: Enter debits before credits. General Journal Debit Credit Transaction b. Journal entry worksheet 1 2. 3 > Record the disposal of the truck, assuming the truck was sold for $13,300 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit C