Nomad Industries is the world's leading express$-$distribution company. In addition to its $643$ aircraft, the company has more than $57,000$ ground vehicles that pick up and deliver packages. Assume that Nomad sold a delivery truck for $$15,000.$ Nomad had originally purchased the vehicle and recorded it in the Truck account for $$25,000$ and had recorded depreciation for three years.

$4.$ Prepare the journal entry to record the disposal of the truck, assuming Accumulated Depreciation$--$Truck was $($a$)$ $$10,000,($b$)$ $$9,000,$ and $($c$)$ $$14,000.($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

$23$

Record the sale of the truck that has an accumulated depreciation balance of $$10,000$ at the time of disposal.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$a$,,,],[,,,],[,,,],[,,,],[,,$grad,$],[,,,]]$

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