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Required: Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $11,000. (a) $8,000 and (c) $13000. (Select None if
Required: Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $11,000. (a) $8,000 and (c) $13000. (Select "None" if there is no Gain or Loss.) Using the following structure, indicate the effects on disposal of the truck, assuming that Accumulated Depreciation was (a) $11,000 (b) $8,000, and (c)$13000 (Enter any decreases Assets, Liabilities, Stockholders' Equity with a minus sign.) Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $11,000, (b) $8,000, and (c) $13.000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Required: Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was (a) $11,000. (a) $8,000 and (c) $13000. (Select "None" if there is no Gain or Loss.) Using the following structure, indicate the effects on disposal of the truck, assuming that Accumulated Depreciation was (a) $11,000 (b) $8,000, and (c)$13000 (Enter any decreases Assets, Liabilities, Stockholders' Equity with a minus sign.) Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $11,000, (b) $8,000, and (c) $13.000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
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