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Question 7 1 pts Crosstown Movers bought a truck arki originally planned to use it in its business for 10 years. The truck was depreciated
Question 7 1 pts Crosstown Movers bought a truck arki originally planned to use it in its business for 10 years. The truck was depreciated every year, using straight-line depreciation. After using the truck for 8 years, Crosstown Movers sold the truck. Based on this information alone, we can be certain that the journal entry to record the sale of the truck and its removal from the accounts will include a... Credit to gain on sale of truck Credit to the asset (truck) account Debit to loss on sale of truck O Debit to the asset (truck) account
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