On January 1,2014,a Company Buys a Truck for $42,000 Cash $$\begin{array} { | l | r | r | } \hline \quad\quad\quad&\quad&\quad \\\hline \\\hline\end{array}$$

question 2

Essay

On January 1,2014,a company buys a truck for $42,000 cash.It has estimated residual value of $2,000,and an estimated life of 8 years,or 200,000 miles.Please provide the journal entry for the purchase of the truck.
$$\begin{array} { | l | r | r | } \hline \quad\quad\quad&\quad&\quad \\\hline \\\hline\end{array}$$

---

Definitions:

Diversity

The inclusion of individuals from various backgrounds, including race, gender, age, ethnicity, religion, and sexual orientation, within a group or organization.

Managing Diversity

Building an inclusive work environment that allows everyone to reach their full potential.

Organisational Culture

The shared values, beliefs, and practices that characterize an organization and influence its members' behavior.

Cultural Change Management

Strategies and practices aimed at shifting an organization's culture to align with new objectives, improve performance, or adapt to market changes.