A Sporting Goods Retailer Sells Some of Its Cash Registers

Multiple Choice

A sporting goods retailer sells some of its cash registers. Which of the following would be a false statement?

A) If it sells the registers for more than their book value, then this transaction results in a gain.
B) If it sells the registers for less than their book value, it would be an expense added to cost of goods sold.
C) The inflow from the sale of the cash registers would only be classified as revenue if the retailer were in the business of selling cash registers.
D) In no cases would the inflow from the sale of cash registers be classified as a revenue.