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Please assist for entries 1 2 and 3 Fast Delivery is the world's largest express transportation company. In addition to the world's largest fleet of
Please assist for entries 1 2 and 3
Fast Delivery is the world's largest express transportation company. In addition to the world's largest fleet of all-cargo aircraft, the company has more than 666 aircraft and 71,000 vehicles and trailers that pick up and deliver packages. Assume that Fast Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the following: Delivery truck cost $57,000 Accumulated 41,800 depreciation Required: 1. Prepare the journal entry for the disposal of the truck, assuming that the truck sold for: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. $15,200 cash b. $16,300 cash c. $14,200 cash View transaction list Journal entry worksheet 2 3 Record the disposal of the truck, assuming the truck was sold for $15,200 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry View general journal Clear entryStep by Step Solution
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