Prepare the journal entry to record 2019 depreciation for the straight-line method. List the account titles to be debited and credited and the amount for annual depreciation to be recorded December 31, 2019. List the debit first. Dec 31, 2019 HTML Editorm Journalize the two (2) necessary transactions for the $50,000 cash sale of the truck on July 1, 2020, if Jay Company used the straight-line method for depreciation. List the debits first for each transaction. Jul 1, 2020 Jul 1, 2020