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On January 2 2022 Feldman Corporation Sold Equipment with a Book

Question 178

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On January 2 2022 Feldman Corporation sold equipment with a book value of $51000 for $33000 cash.Use the following tabular analysis to record the sale. On January 2 2022 Feldman Corporation sold equipment with a book value of $51000 for $33000 cash.Use the following tabular analysis to record the sale.   A) Increase Cash $33000 decrease Equipment $200000 decrease Accumulated Depreciation $149000 and decrease Revenues $14000. B) Increase Cash $33000 decrease Equipment $200000 and decrease Accumulated Depreciation $149000. C) Increase Cash $33000 decrease Equipment $200000 decrease Accumulated Depreciation $149000 and increase Expenses $14000. D) Increase Cash $33000 decrease Equipment $51000 and increase Expenses $14000.


A) Increase Cash $33000 decrease Equipment $200000 decrease Accumulated Depreciation $149000 and decrease Revenues $14000.
B) Increase Cash $33000 decrease Equipment $200000 and decrease Accumulated Depreciation $149000.
C) Increase Cash $33000 decrease Equipment $200000 decrease Accumulated Depreciation $149000 and increase Expenses $14000.
D) Increase Cash $33000 decrease Equipment $51000 and increase Expenses $14000.

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