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VQT Companies is the world's leading express - distribution company. In addition to its 6 4 3 aircraft, the company has more than 5 7
VQT Companies is the world's leading expressdistribution company. In addition to its aircraft, the company has more than ground vehicles that pick up and deliver packages. Assume that VQT sold a delivery truck for $ VQT had originally purchased the vehicle and recorded it in the Truck account for $ and had recorded depreciation for three years.
Prepare the journal entry to record the disposal of the truck, assuming Accumulated DepreciationTruck was a $b $ and c $If no entry is required for a transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Record the sale of the truck that has an accumulated depreciation balance of $ at the time of disposal.
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