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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,

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 $8,000. VQT had originally purchased the vehicle and recorded it in the Truck account for $14,000 and had recorded depreciation for three years. 4. Prepare the journal entry to record the disposal of the truck, assuming Accumulated Depreciation-Truck was (a) $6,000, (b) $4,000, and (c) $9,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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