Base on three preceding situations explain the effects of, Accounting Basics

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Base on three preceding situations explain the effects of

Federal express is the worlds leading express distribution company. In addition to the worlds largest fleet of all cargo aircraft the company has more than 645 aircraft and 47000 vehicles and trailers that pick up and deliever packages. assume that the federal express sold a small delivery truck that had been used in the business for 3 years. the rocrods of the comapny reflect the follow. delievery truck cost $28000, accumulated depreciation $23000

1. give the journal entry for the disposal of the truck.assuming that the truck sold for a. 5000 cash. b. 5600 cash. c.4600 cash.

2. base on three preceding situations, explain the effects of the disposal of an asset??

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Accounting Basics: Base on three preceding situations explain the effects of

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Recent Questions Asked Accounting Basics

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Accounting Basics: Base on three preceding situations explain the effects of

Reference No:- TGS0597291

Recent Questions Asked Accounting Basics

Q : In a downtown office building you notice each of the four

Q : Lavenstine company had depreciation and amortization

Q : Each coffee table produced by robert west designers nets

Q : Loretta inc has net sales of 760000 and accounts

Q : Base on three preceding situations explain the effects of

Q : Find the largest allowable signal swing peak-to-peak at the

Q : On january 1 2006 matrix corporation issued 800000 5 5-year

Q : Derive the relationship that the effective rate constant of

Q : A uniform stick 14 m long with a total mass of 300 g is

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