Harrod's Landscape Artists Acquired a New Truck for $42,000 Less

question 54

Multiple Choice

Harrod's Landscape Artists acquired a new truck for $42,000 less the trade-in allowance of $6,000 for his old truck. The old truck was purchased for $31,000 and had a book value of $5,000 on the exchange date. The entry to record the acquisition of the new truck will include a debit to the Truck account for:

• A)$42,000.
• B)$41,000.
• C)$37,000.
• D)$36,000.

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Form Design View

A mode in database and form building applications where users can create or modify the layout and structure of a form.

Close Button

A graphical control element that closes the current window or application when clicked.

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A UI component that provides users with easy access and navigation to different sections or features within an application or website.

Report Design View

A mode within database software that allows users to visually design the layout and structure of a report before generating it.