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Accounting

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A truck that cost $10,000 and on which $7,500 of accumulated depreciation had been recorded was disposed of on December 31, the last day of the fiscal year. Prepare general journal entries to record the disposal under each of the following assumptions A. It was discarded as having no value B. It was sold for $1,800 cash C. It was sold for $3,000 cash D. It was traded for a similar truck having a price of $13,000. A $3,000 trade-in was allowed and the balance was paid in cash E. It was traded for a similar truck having a price of $13,000. A $2,000 trade-in was allowed and the balance was paid in cash

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