Macho Taco sold a food truck on March $1,2017.$ The accounts showed adjusted balonces on February $28,2017,$ as follows:

Food Truck

Accumulated Depreciation, Food Truck

Required:

Record the sale of the food truck assuming the cash proceeds were: $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

a$.$ $$22,550$ b$.$ $$27,600$

c$.$ $$20,400$

d$.$ $$0($the food truck was scrapped$).$

$q,$

Journal entry worksheet

$$

$$

$22344q,$ and o$.q,$

$q,$ Record the sale of the van for $$22,550.q,>q,$

Note: Enter detias before credts.

Macho Taco sold a food truck on March $1,2017.$ The accounts showed adjusted balances on February $28,2017,$ as follow$5$:

Food Truck

Accumulated Depreciation, Food Truck $

Accumulated Depreciation, Food Truck

$54,00031,450$

Required:

Record the sole of the food truck assuming the cash proceeds were: $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

a$.5$

$$

Journal entry worksheet

$<mn\; id="EditorElement\_1739896">1</mn><mtext\; id="EditorElement\_1739890"></mtext><mi\; id="EditorElement\_1739884"></mi>$

Record the sale of the van for $$27,600.$

Record the sale of the van for $$27,600.$

Note: Enter debits before credits

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$Mar $01,2017,,,],[,,,],[,,,],[,,,],[,,,]]$

Macho Taco sold a food truck on March $1,2017.$ The accounts showed adjusted balances on February $28,2017,$ as follows

$\backslash$table$[[$Food Truck,,$],[$Accumulated Depreciation, Food Truck,,$],[,,54,000],[,31,450,]]$

Required: a$.$ journal entry required" in the first account field.$)$

$a.$ $$22,550b.$ $$27,600c.$ $$20,400d.$ $$0(the$ food truck was scrapped$)$

$$

Journal entry worksheet

$$

Record the sale of the van for $$20,400.$

$$ ord the sale of the van for $$20,400.$

Note: Enter debes before creats.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$Mar $01,2017,,,],[,,,],[,,,],[,,,],[,,,]]$

Macho Teco sold o food truck on March $1,2017.$ The accounts showed adjusted balances on February $28,2017,$ as follows

$\backslash$table$[[$Food Truck$],[$Accumulated Depreciation, Food Truck $,$$$,54,000$