Journalize the following transactions for PetsRUs:
Mar. 5$\quad$Sold a truck for $6,000 that cost $9,000 and had an accumulated depreciation of $5,000.

Mar. 10$\quad$A machine costing $10,000 with accumulated depreciation of $8,000 was destroyed in a fire. No claim was filed.

May 15$\quad$Traded in a machine costing $20,000, with $15,000 of accumulated depreciation, for a new machine costing $30,000 with a trade-in allowance of $7,000

Question

Journalize the following transactions for PetsRUs:
Mar. 5$\quad$Sold a truck for $6,000 that cost $9,000 and had an accumulated depreciation of $5,000.

Mar. 10$\quad$A machine costing $10,000 with accumulated depreciation of $8,000 was destroyed in a fire. No claim was filed.

May 15$\quad$Traded in a machine costing $20,000, with $15,000 of accumulated depreciation, for a new machine costing $30,000 with a trade-in allowance of $7,000

Quizplus · Accepted Answer

The Answer of Journalize the following transactions for PetsRUs:
Mar. 5$\quad$Sold a truck for $6,000 that cost $9,000 and had an accumulated depreciation of $5,000.

Mar. 10$\quad$A machine costing $10,000 with accumulated depreciation of $8,000 was destroyed in a fire. No claim was filed.

May 15$\quad$Traded in a machine costing $20,000, with $15,000 of accumulated depreciation, for a new machine costing $30,000 with a trade-in allowance of $7,000

Journalize the Following Transactions for PetsRUs: Mar \quad Sold a Truck for $6,000 That Cost $9,000 and Had

Journalize the Following Transactions for PetsRUs:
Mar $\quad$ Sold a Truck for $6,000 That Cost $9,000 and Had