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Posted: **Sun Jul 03, 2022 1:07 pm**

: On January 1 2018 Management Acquired A New Delivery Van For 30 000 Management Intended On Using The Machine For Fi 1 (54.21 KiB) Viewed 10 times

On January 1, 2018, management acquired a new delivery van for $ 30,000. Management intended on using the machine for five years and traded it in for $4,000. On June 30, 2022, management sold the delivery van for $7,000. Required: Prepare journal entries for June 30, 2022.