Question: Required information E9-11 (Algo) Demonstrating the Effect of Book Value on Reporting an Asset Disposal (LO 9-5) [The following information applies to the questions displayed



Required information E9-11 (Algo) Demonstrating the Effect of Book Value on Reporting an Asset Disposal (LO 9-5) [The following information applies to the questions displayed below.) VQT Companies 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 VAT sold a delivery truck for $8,000. VOT had originally purchased the vehicle and recorded it in the Truck account for $14,000 and had recorded depreciation for three years E9-11 (Algo) Part 4 4. Prepare the journal entry to record the disposal of the truck, assuming Accumulated Depreciation--Truck was (a) $6,000, (b) $4,000, and (c)$9,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 32 Record the sale of the truck that has an accumulated depreciation balance of $6,000 at the time of disposal. Note: Enter debits before credits. Transaction General Journal Debit Credit a 5 Record entry Clear entry View general journal MacBook Air 80 DOO OOO F4 ao F7 DII FB 4 0 Required information t2 of 2 View transaction list Journal entry worksheet ts 04:01:31 Skipped 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. eBook Transaction General Journal Debit Credit b Hint Print eferences Record entry Clear entry View general journal Required information View transaction list Journal entry worksheet 1 2 3 Record the sale of the truck that has an accumulated depreciation balance of $9,000 at the time of disposal. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal
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