Question: HW8 i Saved Help Save & Exit Submit Check my work E8-16 (Algo) Recording the Disposal of an Asset at Three Different Sale Prices L08-5

HW8 i Saved Help Save & Exit Submit Check my work E8-16 (Algo) Recording the Disposal of an Asset at Three Different Sale Prices L08-5 25 points 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 656 aircraft and 52,000 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: (8 00:20:34 Skipped Delivery truck cost Accumulated depreciation $ 57,000 41,900 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.) eBook Hint a. $15,100 cash b. $15,800 cash c. $14,200 cash Print View transaction list References Journal entry worksheet Record the disposal of the truck, assuming the truck was sold for $15,100 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal
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