Macho Taco sold a food truck on March 1, 2017. The accounts showed adjusted balances on February
Question:
Macho Taco sold a food truck on March 1, 2017. The accounts showed adjusted balances on February 28, 2017, as follows:
Required
Record the sale of the food truck assuming the cash proceeds were:a. $20,150
b. $21,600
c. $19,200
d. $0 (the food truck was scrapped).
Transcribed Image Text:
Food Truck ....... Accumulated Depreciation, Food Truck. $42,000 21,850
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a b c d 2017 Mar 1 Accum...View the full answer
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Related Book For
Fundamental Accounting Principles Volume 2
ISBN: 9781259087363
15th Canadian Edition
Authors: Kermit Larson, Heidi Dieckmann
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