A Company Sold Office Furniture Costing $15,800 with Accumulated Depreciation

Multiple Choice

A company sold office furniture costing $15,800 with accumulated depreciation of $13,000 for $1,500 cash.The entry to record the sale would include:

A) an increase in accumulated depreciation for $15,800.
B) a loss for $1300.
C) a total decrease in office furniture for $2,800.
D) a decrease in cash for $1,300.