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Required informotion E9-11 (Algo) Demonstrating the Effect of Book Value on Reporting on Asset Disposal [LO 9-5] (The following information opplies to the questions clisplayed
Required informotion E9-11 (Algo) Demonstrating the Effect of Book Value on Reporting on Asset Disposal [LO 9-5] (The following information opplies to the questions clisplayed beiow] Webeliver incorporated is the worids leading expeess-distribution compony. In addition to its 643 aircraft, the company has more thian 57.000 ground vehicles that pick up and deliver packages. Assume that WeDeliver sold a delivery truck for $23,000. WeDeliver had onginaly purchased the vehicle and recorded it in the Truck account for $47,000 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) $19,000, (b) \$15,000, and (c) \$23,000, (Enter any decreases to Assets, Llabilities, or Stockhoiders' Equlty with a minus sign.)
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