Examlex
Dynasty Corp sold a truck for $15,000 cash.It was originally purchased for $50,000 and had accumulated depreciation of $30,000 at the time of sale.Prepare the journal entry for the sale of truck.Omit explanation.
Q9: Which of the following is an advantage
Q56: When a business sells a plant asset
Q101: A petty cash fund was established with
Q102: A company issues a 60-day,12% note for
Q111: Equipment was purchased for $24,000 on January
Q120: Preston Sales,Inc.has gross salaries and wages for
Q130: Provide definitions for the following terms.<br>1.Capitalize<br>2.Revenue Expenditure<br>3.Depreciation
Q161: An oil well cost $2,050,000 and
Q194: In counting the number of days in
Q204: Higher start-up costs and expensive government regulations