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need it done asap!! tuck costing $370,000 with a useful ife of 10 years or 875,000 miles. Estmated residual value was $20,000. The truck was
need it done asap!!
tuck costing $370,000 with a useful ife of 10 years or 875,000 miles. Estmated residual value was $20,000. The truck was driven 83,000 miles in 2015 ; 106,000 miles in 2016 ; and 148,000 miles in 2017. Aher 60,000 miles in 2018, Essex County Transport traded in the Mock truck for a new Feightiner Ehat cost $365,400. Essex Counly Transpor recaived a 5245,400 trade-in allowance for the old truck and poid the diterence in cash. Journalice the entry to record the purchase of the new truck (Round interim calculations to the peareat onent and your final antwer fo the nearest dolar. Record debits first, then credits. Exclude explanasions from joumal entrios.) Joumal Entry Step by Step Solution
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