Multiple Choice
A truck costing $45,000 and on which $39,000 of accumulated depreciation has been re-corded was discarded as having no value. The entry to record this event would include a
A) gain of $6,000.
B) loss of $6,000.
C) credit to Accumulated Depreciation for $39,000.
D) credit to Accumulated Depreciation for $45,000.
Correct Answer:
Verified
Correct Answer:
Verified
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