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11 5 pts Wonka Industries owns machinery that cost $87,000 with accumulated depreciation of $40,000. The company sells the machinery for cash of $42,000. The
11 5 pts Wonka Industries owns machinery that cost $87,000 with accumulated depreciation of $40,000. The company sells the machinery for cash of $42,000. The journal entry to record the sale would Include: OA credit to Accumulated Depreciation of $40,000 OA credit to Machinery of $47.000. OA credit to Gain on Sale of $2.000. OA debit to Accumulated Depreciation of $47,000. OA debit to Cash of $42.000. 0 5 pts
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