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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 665
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 665 aircraft and 62,000 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: 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. $15,100 cash b. $17,100 cash c. $13,200 cash 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. $15,100 cash b. $17,100 cash c. $13,200 cash Journal entry worksheet Record the disposal of the truck, assuming the truck was sold for $15,100 cash. Note: Enter debits before credits. 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. $15,100 cash b. $17,100 cash c. $13,200 cash Journal entry worksheet Record the disposal of the truck, assuming that the truck was sold for $17,100 cash. Note: Enter debits before credits. 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. $15,100 cash b. $17,100 cash c. $13,200 cash Journal entry worksheet Record the disposal of the truck, assuming the truck was sold for $13,200 cash. Note: Enter debits before credits
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