Multiple Choice
A company sold a delivery truck for $22,000 cash.The truck costs $45,800 and had accumulated depreciation of $32,000 as of the date of sale.The entry to record the sale would include:
A) an increase in accumulated depreciation for $32,000.
B) a total decrease in delivery truck for $13,800.
C) a gain for $8,200.
D) a loss for $10,000.
Correct Answer:
Verified
Correct Answer:
Verified
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