Trend Decorations Company Provides Decorating Services for Store Displays

Multiple Choice

Trend Decorations Company provides decorating services for store displays.Trend sold equipment that it had been using to create decorations.Of the following choices,which will Trend report on its income statement when it sells the equipment?

A) Operating revenue: Sales revenue
B) Operating expenses: Loss on disposal of equipment
C) Other items: Loss on sale of equipment
D) General and administrative expenses: Sale of decorating equipment