Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
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