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Required information E9-11 (Algo) Demonstrating the Effect of Book Value on Reporting an Asset Disposal [LO 9-5] [The following information applies to the questions

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Required information E9-11 (Algo) Demonstrating the Effect of Book Value on Reporting an Asset Disposal [LO 9-5] [The following information applies to the questions displayed below.) Jansen Affiliates is the world's leading express-distribution company. In addition to its 643 aircraft, the company has more than 57,000 ground vehicles that pick up and deliver packages. Assume that Jansen sold a delivery truck for $16,000. Jansen had originally purchased the vehicle and recorded it in the Truck account for $27,000 and had recorded depreciation for three years. E9-11 (Algo) Part 2 2. Using the following structure, indicate the effects (accounts, amounts, and + for increase and - for decrease) of the disposal of the truck, assuming Accumulated Depreciation-Truck was (a) $11,000, (b) $8,000, and (c) $13,000. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) 43 E9-11 (Algo) Part 2 2. Using the following structure, indicate the effects (accounts, amounts, and + for increase and for decrease) of the disposal of the truck, assuming Accumulated Depreciation-Truck was (a) $11,000. (b) $8,000, and (c) $13,000 (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) Look (a) tim (a) (a) Print (b) erences (b) (b) (c) (0 (c) Assets Liabilities . Stockholder

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