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Questor Airways purchased a baggage-handling truck for $52,000. Suppose Questor Airways sold the truck on December 31, 2018, for $49,000 cash, after using the
Questor Airways purchased a baggage-handling truck for $52,000. Suppose Questor Airways sold the truck on December 31, 2018, for $49,000 cash, after using the truck for two full years and accumulating depreciation of $33,000. Make the journal entry to record Questor Airways' sale of the truck. (Record debits first, then credits. Exclude explanations from any journal entries) Journal Entry Date Accounts Debit Credit Dec 31, 2018
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Cost Benefit Analysis Concepts and Practice
Authors: Anthony Boardman, David Greenberg, Aidan Vining, David Weimer
4th edition
137002696, 978-1108448284, 1108448283, 978-0137002696
