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! Required information [ The following information applies to the questions displayed below. ] VQT Companies is the world's leading express - distribution company. In

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Required information
[The following information applies to the questions displayed below.]
VQT Companies 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 VQT sold a
delivery truck for $20,000. VQT had originally purchased the vehicle and recorded it in the Truck account for
$33,000 and had recorded depreciation for three years.
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) $13,000,(b) $7,000, and (c) $17,000.(Enter
any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.)
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