6. Which of the following statements is false? A. Recording depreciation reduces both assets and stockholders' equity. B. The sale of a fully depreciated asset, with no salvage value, will always result in a gain. C. A company using the double declining balance method to depreciate an asset, will report lower net income in the early years of the asset's life compared to using the straight line method. D. The normal balance of accumulated depreciation is a credit. E. Upon disposal of an asset the asset is credited at the amount of its book value