The Entry to Record the Disposal of a Laptop Computer

Multiple Choice

The entry to record the disposal of a laptop computer with a cost of $2,500 and an accumulated depreciation of $1,500 would be:

A) debit Depreciation Expense $2,500;credit Equipment $2,500.
B) debit Accumulated Depreciation $1,500;debit Loss on Disposal of an Asset $1,000;credit Equipment $2,500.
C) debit Equipment $2,500;credit Accumulated Depreciation $2,500.
D) debit Cash $2,500;credit Equipment $2,500.