Which of the Following Journal Entries Is Correct When a Depreciable

Multiple Choice

Which of the following journal entries is correct when a depreciable asset (building) is sold for cash subsequent to acquisition?

A) Cash
Accumulated depreciation
$\quad$ Loss on sale
$\quad$ Building
B) Cash
Building
$\quad$ Gain on sale
$\quad$ Accumulated depreciation
C) Cash
Accumulated depreciation
Loss on sale
$\quad$ Building
D) Cash
Gain on sale
$\quad$ Building