12 Required information Part 3 of 3 E9-9 Demonstrating the Effect of Book Value on Reporting an Asset Disposal (LO 9-5) [The following information applies to the questions displayed below.] Movelt Corporation 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 deliver packages. Assume that Movelt sold a delivery truck for $6,000. Movelt had originally purchased the truck for $10,000 and had recorded depreciation for three years. 2.06 points eBook E9-9 Part 4 Hint 4. Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (a) $4,000,(6) $3,000, and (c) $5,000. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) Print View transaction list References Journal entry worksheet Record the sale of the truck that has an accumulated depreciation balance of $4,000 at the time of disposal. Note: Enter debits before credits. Transaction Credit Debit 6,000 General Journal Cash Accumulated Depreciation Equipment Equipment 16,000 10,000 Record entry Clear entry View general journal Journal entry worksheet 2 3 > Record the sale of the truck that has an accumulated depreciation balance of $3,000 at the time of disposal. Note: Enter debits before credits. Transaction General Journal Debit Credit b Record entry Clear entry View general journal Journal entry worksheet 1 2 3 Record the sale of the truck that has an accumulated depreciation balance of $5,000 at the time of disposal. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal