12/15/2008 sold the old truck brought into business on 1/1/08 for $2000.provided $3000 depreciation for the year 2008 on the old truck sold before recording sale.
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12/15/2008 sold the old truck brought into business on 1/1/08 for $2000.provided $3000 depreciation for the year 2008 on the old truck sold before recording sale.
Debit Depreciation Expense for the amount of depreciation
Credit Accumulated Depreciation - Truck for the amount of depreciation
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