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Kelli's Fish Stall has an old delivery truck that cost $34,000, and has accumulated depreciation of $9,000. 1. Prepare the journal entry to record the
Kelli's Fish Stall has an old delivery truck that cost $34,000, and has accumulated depreciation of $9,000. 1. Prepare the journal entry to record the sale on Kelli's books if Kelli were to sell the truck to Emily's Potato Transportation Co. for $27,350 cash. (1.5 points) 2. Prepare the journal entry to record the sale on Kelli's books if Kelli were to sell the truck to MaiTai's Furniture Emporium for $23,350 cash. (1.5 points) 3. In your opinion, who should Kelli sell her truck to and why? (0.5 points)
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