Required Information 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.) FedEx 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 FedEx sold a delivery truck for $16,000. FedEx had originally purchased the truck for $28,000 and had recorded depreciation for three years. E9-9 Part 4 4. Prepare the journal entry to record the disposal of the truck, assuming that Accumulated Depreciation was (as) $12,000. (b) $10,000, and (c) $15,000. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View Journal entry worksheet No Transaction Debit Credit 1 General Journal Depreciation Expense Accumulated Depreciation-Equipment 12.000 12,000 2 b 10,000 Depreciation Accumulated Depreciation-Equipment 10,000 3 15,000 Depreciation Expense Antall anrintinn Com 46 Prey 1 of 14 Next >