Question
. Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was ( a ) $4,000, ( b ) $3,000,
. | Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $4,000, (b) $3,000, and (c) $5,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) |
Record the sale of the truck that has an accumulated depreciation balance of $4,000 at the time of disposal.
Record the sale of the truck that has an accumulated depreciation balance of $3,000 at the time of disposal.
Record the sale of the truck that has an accumulated depreciation balance of $5,000 at the time of disposal.
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