Question
Mini Computers purchased a delivery truck 4 years ago for $30,000. Currently the accumulated depreciation on the truck is $16,000. Required: Prepare the journal entry
Mini Computers purchased a delivery truck 4 years ago for $30,000. Currently the accumulated depreciation on the truck is $16,000.
Required: Prepare the journal entry on the solution template provided to show the sale of the truck assuming the truck is sold for $18,000 on January 1, 2015.
| Date | Account | Debit | Credit |
| January 1, 2015 |
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Survival Audit And Calculations Manual
Authors: Dr Joseph Lee Bounds
1st Edition
1505425573, 978-1505425574
