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! Required information [The following information applies to the questions displayed below.] WeDeliver Incorporated is...

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! Required information [The following information applies to the questions displayed below.] WeDeliver Incorporated is the world's leading express-distribution company. In addition to its 643 aircraft, the company has more than 57,000 ground vehicles that pick up and deliver packages. Assume that We Deliver sold a delivery truck for $7,000. WeDeliver had originally purchased the vehicle and recorded it in the Truck account for $12,000 and had recorded depreciation for three years. 2. Using the following structure, indicate the effects (accounts, amounts, and + for increase and - for decrease) of the disposal of the truck, assuming Accumulated DepreciationTruck was (a) $5,000, (b) $2,000, and (c) $7,000. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) Assets Liabilities + Stockholders' Equity (a) + (a) = + + (a) (b) (b) + = + (b) + (c) + (c) + + (c)

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