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ULL 3- Homework saved E8-16 (Algo) Recording the Disposal of an Asset at Three Different Sale Prices L08-5 Fast Delivery is the world's largest express

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ULL 3- Homework saved E8-16 (Algo) Recording the Disposal of an Asset at Three Different Sale Prices L08-5 Fast Delivery is the world's largest express transportation company. In addition to the world's largest fleet of all-cargo aircraft, the company has more than 667 aircraft and 61,000 vehicles and trailers that pick up and deliver packages. Assume that Fast Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the following: Delivery truck cost Accumulated depreciation $ 57,000 42,200 Required: 1. Prepare the journal entry for the disposal of the truck, assuming that the truck sold for. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. $14,800 cash b. $16,600 cash c. $13,000 cash View transaction list Journal entry worksheet 2 3 > Record the disposal of the truck, assuming the truck was sold for $14,800 KI Prev 5.07 Next > c. $13,000 cash View transaction list Journal entry worksheet 1 2 3 > Record the disposal of the truck, assuming the truck was sold for $14,800 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit a. View general journal Clear entry Record entry Prev 5 of 7 b. $16,600 cash IMMUNA $13.000 cash View transaction list 24037 Journal entry worksheet sed 1 3 Record the disposal of the truck, assuming that the truck was sold for $16,600 cash. mes Note: Enter debits before credits Transaction General Joumal Debit Credit b. Recondary Clear end View general journal Prev 151 Next View transaction list Journal entry worksheet 2 3 no Record the disposal of the truck, assuming the truck was sold for $13,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

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