Question: Need some help in preparation for a test, please help and share the Joural Entry with steps included. On October 15 , a company car

Need some help in preparation for a test, please help and share the Joural Entry with steps included.

On October 15 , a company car was destroyed in an accident. The vehicle had a cost of $23,000, and an accumulated depreciation of $17,000. Grow-a-Lot received a check for $5,500 from their insurance company

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