FedEx is the world's largest express transportation company. In addition to the world's largest fleet of all-cargo aircraft, the company has more than 650 aircraft and 58,000 vehicles and trailers that pick up and deliver packages. Assume that FedEx sold a delivery truck that had been used in the business for three years. The records of the company reflected the following: Delivery truck cost $35, 000
Accumulated depreciation 23,000

Required:
Prepare the Journal entry for the disposal of the truck. assuming that the truck sold for:
a. S12,000 cash
b. S12.400 cash
c. $11,500 cash

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.

When making a major purchase, i often spend months to learn all the issues?