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Sowell Company owns a truck that cost $39,000. Depreciation totaling $23,000 had been taken on the truck up to January 8, 20X1. Assume the

Sowell Company owns a truck that cost $39,000. Depreciation totaling $23,000 had been taken on the truck up to January 8, 20X1. Assume the truck is sold for: 1. $14,270. 2. $17,120. Required: Prepare the journal entry to record the sale. View transaction list Journal entry worksheet < 1 2 Record the sale of the truck at a sales price of $14,270. Note: Enter debits before credits. Date Jan 08, 20X1 General Journal Debit Credit Record entry Clear entry View general journal

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