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Required Informetlon [The following information applies to the questions dlisplayed below.] Movelt Corporation is the world's leading express-distribution company. In addition to its 643 aircraft,
Required Informetlon [The following information applies to the questions dlisplayed below.] Movelt Corporation 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 Movelt sold a delivery truck for $28,000. Movelt had originally purchased the truck for $47,000 and had recorded depreciation for three years. 4. Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $19,000, (b) $15,000, and (c) $23,000. (If no entry Is requlred for a transactlon/event, select "No Journal Entry Requlred" In the first account field.) View transaction list Journal entry worksheet Record the sale of the truck that has an accumulated depreciation balance of $19,000 at the time of disposal Note: Enter debits before credits. Transaction General Journal Debit
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