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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,
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 $ 46,000 25,050 Required: Record the sale of the food truck assuming the cash proceeds were: a. 20.950 b. 23.600 c. 19.600 d. $0 (the food truck was scrapped). Journal entry worksheet
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