When a Company Sells Machinery at a Price Equal to Its

Multiple Choice

When a company sells machinery at a price equal to its book value,this transaction will be recorded with an entry that would include which of the following?

A) Dr Cash and accumulated depreciation $\quad$ $\quad$ $\quad$ Cr Machinery
B) Dr Machinery $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ Cr Cash and accumulated depreciation
C) Dr Cash and machinery $\quad$ $\quad$ $\quad$ $\quad$ Cr Accumulated depreciation
D) Dr Cash and depreciation expense $\quad$ $\quad$ Cr Accumulated depreciation