Requirements. Requirement 1. Determine Punctual's gain or loss on the transaction. Begin by determining t per...

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Requirements. Requirement 1. Determine Punctual's gain or loss on the transaction. Begin by determining t per unit to the nearest c t. (Use a minus sign or parentheses for a - X Requirements. 1. Determine Punctual's gain or loss on the transaction. Requirement 2. Prepar are not required.) 2. Prepare the journal entry to record the trade-in of the old truck for the new one. Use two decimal places for depreciation cost per mile. reciation cost per mile. (Record debits firs Date Print Done Requirements. Requirement 1. Determine Punctual's gain or loss on the transaction. Begin by determining t per unit to the nearest c t. (Use a minus sign or parentheses for a - X Requirements. 1. Determine Punctual's gain or loss on the transaction. Requirement 2. Prepar are not required.) 2. Prepare the journal entry to record the trade-in of the old truck for the new one. Use two decimal places for depreciation cost per mile. reciation cost per mile. (Record debits firs Date Print Done