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O A Note disclosure in the 20x8 financial statements but no write-down. OB. No action is required in the 20x8 financial statements. O c. Write-off
O A Note disclosure in the 20x8 financial statements but no write-down. OB. No action is required in the 20x8 financial statements. O c. Write-off the truck in 20x8 financial statements. On January 20, 20X9, one of CWC's water delivery trucks was destroyed in an accident. This truck had a value of $80,000 on the books of CWC as of December 31, 20X8. The truck was not insured. What is the required inccounting treatment for this event
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