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A company purchased a delivery truck on June $1$ for $$29,400,$ paying $$9,800$ cash and signing a $6\%,2-$month note for the remaining balance. The truck is expected to depreciate $$5,880$ each year. The company prepares monthly financial statements.

$($a$)$

Prepare the general journal entry to record the acquisition of the delivery truck on June $1.($List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually If no entry is required, select $"$No entry" for the account titles and enter O for the amounts.$)$

Account Titles and Explanation

Debit

Credit

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$$

$$

$$

$$

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$$

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List of AccountsCullumber Corporation began operations on January $1,2025.$ The following information is available for Cullumber on December $31,2025$ Accounts payable $ $6,500$ Notes payable $\backslash$$$11,000$ Accounts receivable $4,000$ Rent expense $12,000$ Advertising expense $4,330$ Retained earnings $?$ Cash $5,100$ Service revenue $29,500$ Common stock $17,000$ Supplies $3,900$ Dividends $4,500$ Supplies expense $1,370$ Equipment $28,800$