A company decided to sell a truck. The truck cost $ 60,000, had accumulated depreciation of $ 45,000, and was sold for $25,000 cash. What journal entry is required to record the sale of this truck? Multiple Choice O O O Cash Truck Accumulated Depreciation - Truck Gain on sale of truck Cash Gain on sale of truck Cash Accumulated Depreciation - Truck Truck Gain on sale of truck Loss on sale of truck Cash Truck Loss on sale of truck Truck Cash Accumulated Depreciation - Truck $25,000 $60,000 $ 25,000 $25,000 $45,000 $35,000 $ 25,000 $10,000 $ 60,000 $45,000 $ 40,000 $ 25,000 $ 60,000 $10,000 $ 60,000 $ 25,000 $45,000

A company decided to seli a truck. The truck cost $60,000, had accumulsted depreclation of $45,000, and was sold for $25,000 cash What joumal entry be required to record the sale of this truck? Mhathele Oute