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Required intor ation [The following information applies to the questions displayed below.) WeDeliver Incorporated is the world's leading express-distribution company. In addition to its 643

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Required intor ation [The following information applies to the questions displayed below.) WeDeliver Incorporated 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 We Deliver sold a delivery truck for $7,000. WeDeliver had originally purchased the vehicle and recorded it in the Truck account for $12,000 and had recorded depreciation for three years. . Prepare the journal entry to record the disposal of the truck, assuming Accumulated Depreciation--Truck was (a) $5,000, (b) $2,000, and (c) $7,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the sale of the truck that has an accumulated depreciation balance of $5,000 at the time of disposal. Note: Enter debits before credits. Transaction General Journal Debit Credit a Cash 7,000 5,000 Accumulated Depreciation-Truck Journal entry worksheet 1 2 3 Record the sale of the truck that has an accumulated depreciation balance of $2,000 at the time of disposal. Note: Enter debits before credits. Transaction General Journal Debit Credit b Record entry Clear entry View general journal Journal entry worksheet Record the sale of the truck that has an accumulated depreciation balance of $7,000 at the time of disposal. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

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