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Question 44 of 45 10 On July 1, 2020, Molly's Greenhouse purchased a new delivery truck for $67.000. She paid $20,000 cash and signed a

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Question 44 of 45 10 On July 1, 2020, Molly's Greenhouse purchased a new delivery truck for $67.000. She paid $20,000 cash and signed a promissory note for the remainder. Molly estimates that the delivery truck will have a five-year useful life, or 150.000 kilometres and a residual value of 57.000. Molly's Greenhouse has a December 31 year end. Question 43 115 Calculate the gain or loss on disposal for the following three independent situations: Mutia Molly sold the truck for $28,050 on January 1, 2024. By using straight-line method the carrying amount is $25,000. Viewing Question 44 Accounting Multipart Niat on disposal $ Question 45 Accounting OL Question question 43 cert Molly sold the truck for $18.250 on January 1, 2024. By using straight-line method the carrying amount is $25,000. on disposal $ Viewing Question 4 Accounting Multipart List of Accounts Questic Account Molly sold the truck for $18,000 on July 1, 2024. Molly used the straight-line method. Question 4 ng on disposal Viewing Questi Account Multip List of Accounts Que Acc Question 44 of 45 -110 Qursion 12 Molly sold the truck for $18,000 on July 1, 2024. Using straight line method, prepare the journal entries for the above situation. (Credit occount 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 for the amounts.) Question 43 Man Debit Date Account Titles and Explanation July 1. 2024 Viewing Questior Accountive Multipart Ques ACCO (To record derreciation expense on vehicle Question 44 of 45 -110 E Questio (To record depreciation expense on vehicle) Ques ACCOL July 1. 2024

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