Commonwealth Delivery is the world's leading express-distribution company. In addition to the world's largest fleet of all cargo aircraft, the company has more than 664 aircraft and 65,000 vehicles and trailers that pick up and deliver packages. Assume that Commonwealth Delivery 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$51,000
Accumulated depreciation 35,900
Required:
Prepare the journal entry for the disposal of the truck, assuming that the truck sold for: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
a. $15,100 cash
b. $17,300 cash
c. $13,600 cash

Part a

Debit : Profit and loss $0

Debit : Cash $15,100

Debit : Accumulated depreciation $35,900

Credit : Cost $ 51,000

Part b

Debit : Profit and loss $2,200

Debit : Cash $15,100

Debit : Accumulated depreciation $35,900

Credit : Cost $ 51,000

Part c

Debit : Cash $15,100

Debit : Accumulated depreciation $35,900

Credit : Cost $ 51,000

Debit : Profit and loss $2,200

Explanation:

the journal entry for the disposal of the truck  are shown

The correct answer is letter "B": financial, environmental, and social.

Explanation:

The Triple Bottom Line (TBL) approach is a set of practices that aim to study the financial, environmental, and social performance of a firm within a period. Those three (3) components can also be translated into profit, planet, and people. According to the theory, the three factors must be taken into consideration at the time of doing businesses otherwise companies would not be fulfilling their true objective.