A Company Sells One of Its Delivery Trucks That Had

question 147

Essay

A company sells one of its delivery trucks that had been used in the business for $25,000 cash. At the time of the sale, the accumulated depreciation on the truck was brought up to date and had a balance of $10,000. The original cost of the truck was $32,000. What would be the journal entry to record the disposal of the delivery truck?

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Definitions:

AIDA Model

A marketing framework that outlines the customer journey through Awareness, Interest, Desire, and Action to guide promotional strategies.

Attention

The focus or concentration on a specific object, task, or activity, limiting distraction and directing cognitive resources to process information effectively.

Persuasive Message

Communication designed to convince or influence the audience to adopt a particular attitude, perform an action, or adopt a belief.

Indirect Approach

A communication strategy that presents supporting details before the main point, often used to soften the impact of negative messages or to persuade.