What would be an impact on total assets

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Question 1: Bob the Builder sold one of his used trucks for 6600 . At the time of the sale, its book value was $5,000. As a result of this sale, what would be an impact on total assets? You will have to indicate increase or decrease and by how much. If you cannot determine the impact based on the information given, please write down "the impact cannot be determined". Please assume that there is no income tax.

Reference no: EM132566156

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