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Problem 8 - pts Prepare the necessary journal entries to record the following transactions in 2013 for the Hoover Company. April 13 Sold a delive

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Problem 8 - pts Prepare the necessary journal entries to record the following transactions in 2013 for the Hoover Company. April 13 Sold a delive Sold a delivery truck for $7,000. The delivery truck originally cost $45,000 and had accumulat depreciation of $41,000 on the date of sale. Assume the depreciation on the truck has already be recorded for the current year. May 13 Discarded old mixing equipment that originally cost $100,000 and had a book value of $14,000 the date of disposal. Assume depreciation on the equipment has already been recorded for current year Oct 13 Sold a toaster for $5,000. The toaster originally cost $30.000 and had accumulated depreciation $22.000 on the date of sale Assume the depreciation on the toaster has already been recorded the current year

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