Your company has traded an old truck for a new one and has paid $10,000 in cash. The old truck originally cost $7500 and was depreciated down to 2,600. Make all of the necessary entries to record this transaction.
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Your company has traded an old truck for a new one and has paid $10,000 in cash. The old truck originally cost $7500 and was depreciated down to 2,600. Make all of the necessary entries to record this transaction.
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