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i need help with journal entries please E9-9 Demonstrating the Effect of Book Value on Reporting an Asset Disposal (LO 9-5) [The following information applies
i need help with journal entries please
E9-9 Demonstrating the Effect of Book Value on Reporting an Asset Disposal (LO 9-5) [The following information applies to the questions displayed below.) Movelt Corporation is the world's leading express-distribution company. In addition to its 643 aircraft, the company has more than 57,000 ground vehicles that pick up and deliver packages. Assume that Movelt sold a delivery truck for $8,000. Movelt had originally purchased the truck for $14,000 and had recorded depreciation for three years. 9-9 Part 4 Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was () $6,000, (b) $4,000, and (c)$9.000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Step by Step Solution
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