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andreaerob andreaerob
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Posts: 310
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5 years ago
Coney Island Corp. discards a truck that was originally purchased for $50,000 and had accumulated depreciation of $30,000. Prepare the journal entry for the disposal.
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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Replies
wrote...
5 years ago
 
Accumulated DepreciationTruck30,000
Loss on Disposal20,000
       Truck50,000
andreaerob Author
wrote...
5 years ago
Good timing, thanks!
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