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thank you Required information [The following information applies to the questions displayed below] Naidu Companies is the world's leading express-distribution company. In addition to its
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Required information [The following information applies to the questions displayed below] Naidu 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 dellver packages. Assume that Naidu sold a delivery truck for $23,000. Naidu had originally purchased the vehicle and recorded it in the Truck account for $39,000 and had recorded depreciation for three years. 4. Prepare the journal entry to record the disposal of the truck, assuming Accumulated Depreciation-Truck was (a)$16,000, (b) $13,000, and (c) \$19.000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Step by Step Solution
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