Question
Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was ( a ) $14,000, ( b ) $11,000, and
Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $14,000, (b) $11,000, and (c) $19,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) |
(a)Record the sale of the truck that has an accumulated depreciation balance of $14,000 at the time of disposal.
(b)Record the sale of the truck that has an accumulated depreciation balance of $11,000 at the time of disposal.
(c)Record the sale of the truck that has an accumulated depreciation balance of $19,000 at the time of disposal.
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