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LOVE Macho Taco sold a food truck on March 1, 2020. The accounts showed adjusted balances on February 28, 2020, as follows: Help Ser Food
LOVE Macho Taco sold a food truck on March 1, 2020. The accounts showed adjusted balances on February 28, 2020, as follows: Help Ser Food Truck Accumulated Depreciation, Food Truck $ 61,000 37,050 Required: Record the sale of the food truck assuming the cash proceeds were: a. 23,950 b. 31,100 c. 21,100 d. $0 (the food truck was scrapped). View transaction list Journal entry worksheet 1 2 3 4 Record the sale of the food truck for $23,950. Note: Enter debits before credits Credit Debit Date General Journal Macho Taco sold a food truck on March 1, 2020. The accounts showed adjusted balances on February 28, 2020, as follows Food Truck Accumulated Depreciation, Food Truck $ 61,000 37,050 Required: Record the sale of the food truck assuming the cash proceeds were: a. 23,950 b. 31,100 c. 21,100 d. $0 (the food truck was scrapped). View transaction list Journal entry worksheet 1 2 3 4 Record the sale of the food truck for $23,950. Note: Enter debits before credits Debit Credit General Journal Date 35 of 38 Next >
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