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Requlred 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,

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Requlred 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 $29,000. VQT had originally purchased the vehicle and recorded it in the Truck account for $49,000 and had recorded depreciation for three years 4. Prepare the joumal entry to record the disposal of the truck, assuming Accumulated Depreclation-Truck was (a)$20,000, (b) $17,000, and (c) $25,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account fleld.) Journal entry worksheet Record the sale of the truck that has an accumulated depreciation balance of $20,000 at the time of disposal. Noter Enter debits before credint

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