Kelly Petroleum Products Owns Furniture That Was Purchased for $25,000

Kelly Petroleum Products owns furniture that was purchased for $25,000. Accumulated depreciation is $22,000. The furniture was sold for $3,900. Which of the following is the correct entry to record the transaction?

A) $$\begin{array} { | l | l | l | l | } \hline \text { Accumulated depreciation } & & 22,000 & \\\hline \text { Cash } & & 3,900 & \\\hline & \text { Gain on sale of furniture } & & 900 \\\hline & \text { Furniture } & & 25,000 \\\hline\end{array}$$
B) $$\begin{array} { | l | l | l | l | } \hline \text { Furniture } & & 25,000 & \\\hline \text { Gain on sale of furniture } & & 900 & \\\hline & \text { Cash } & & 3,900 \\\hline & \text { Accumulated depreciation } & & 22,000 \\\hline\end{array}$$
C) $$\begin{array} { | l | l | l | l | } \hline \text { Furniture } & & 25,000 & \\\hline \text { Cash } & & 3,900 & \\\hline & \text { Gain on sale of furniture } & & 900 \\\hline & \text { Accumulated depreciation } & & 22,000 \\\hline\end{array}$$
D) $$\begin{array} { | l | l | l | l | } \hline \text { Accumulated depreciation } & & 22,000 & \\\hline \text { Cash } & & 3,900 & \\\hline & \text { Furniture } & & 25,900 \\\hline\end{array}$$