On July 1,2020 a truck was sold for $10,000.The company originally paid $28,000 on June 30,2013 and has recorded accumulated depreciation on it to date of $15,000.The entry to record the sale would include a
A) credit to accumulated depreciation for $15,000.
B) debit to trucks for $28,000.
C) credit to gain on sale of truck for $3,000.
D) debit to loss on sale of truck for $3,000.
Correct Answer:
Verified
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