A company sold office furniture costing $16,500 with accumulated depreciation of $14,000 for $1,800 cash.The entry to record the sale would include
A) a loss for $700.
B) an increase in accumulated depreciation for $14,000.
C) a decrease in office furniture for $2,500.
D) a decrease in cash for $1,800.
Correct Answer:
Verified
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