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thanks 32 33 14 15 30 A truck that cost Starch Company $36,000, was estimated to have a salvage value of $8,000, and was expected
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32 33 14 15 30 A truck that cost Starch Company $36,000, was estimated to have a salvage value of $8,000, and was expected to last 10 years. At the end of 5 years of use (assume straight line depreciation), it was sold for $30,000, the journal entry to record the sale will involve a: A) Debit to Accumulated Depreciation - Truck for $14,000 B) Credit to Truck for $22,000 C) Debit to Loss on Sale for $8,000 D) Credit to Gain on Sale for $16,000 36 19 40 41 4 Step by Step Solution
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