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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 663
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 deliver packages. Assume that Fost 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 required" in the first account field.) a. $14,900 cash b. $17.500 cash c. $14,000 cash View transaction list Journal entry worksheet 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 Encode City Vlaw.com
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