(Solved): Required information Beckworth Company purchased a truck on January 1, 2022, at a cash cost of $12, ...

Required information Beckworth Company purchased a truck on January 1, 2022, at a cash cost of $$\$12,600$$. The estimated residual value was $$\$900$$ and the estimated useful life 4 years. The company uses straight-line depreciation computed monthly On July 1, 2025, the company sold the truck for $$\$2,400\mathrm{cash}$$. C. Prepare the required journal entries on the date of disposal, July 1, 2025. (Assume no 2025 depreciation had yet been recorded) Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.