When a Company Sells Machinery at a Price Equal to Its

Multiple Choice

When a company sells machinery at a price equal to its book value, this transaction would be recorded as a

A) debit to Cash and Accumulated Depreciation and a credit to Machinery
B) debit to Machinery and a credit to Cash and Accumulated Depreciation
C) debit to Cash and Machinery and a credit to Accumulated Depreciation
D) debit to Cash and Depreciation Expense and a credit to Accumulated Depreciation