A Truck That Cost $12,000 and on Which $9,000 of Accumulated

A truck that cost $12,000 and on which $9,000 of accumulated depreciation has been recorded was disposed of on January 1.Assume that the truck was disposed of for $2,000 cash.The entry to record this event is:

A)
$$\begin{array} { l } \text { Accumulated Depreciation- Truck } &3,000 \\\quad \text { Truck }&&3,000\end{array}$$
B)
$$\begin{array} { l r } \text { Accumulated Depreciation — Truck } & 11,000 \\\text { Truck } && 10,000 \\\text { Gain on Sale of Truck } && 1,000\end{array}$$
C)
$\begin{array} { l r } \text { Cash } && 2,000 \\ \text { Accumulated Depreciation - Truck } & &9,000 \\ \text { Loss on Sale of Truck } & 1,000\\ text { ruck}12,000&&&&12,000 \end{array}$

D)
$$\begin{array} { l } \text { Truck } &9,000\\\quad \text { Accumulated Depreciation- Truck }&&9,000\end{array}$$