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Make the journal entry to record orbit sale of the truck

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Question - Orbit Airways purchased a baggage-handling truck for $41,000. Suppose Orbit sold truck on December 31, 2008, for $28,000 cash, after using the truck for two full years and accumulation depreciation of $16,000. Make the journal entry to record Orbit's sale of the truck.

Reference no: EM131802666

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