A truck costing $75000 on which $67000 of accumulated depreciation has been recorded was discarded. The entry to record this event would include a O loss of $8000. gain of $8000. O credit to Accumulated Depreciation for $75000. O credit to Accumulated Depreciation for $67000.

A truck costing $75000 on which $67000 of accumulated depreciation has been recorded was discarded. The entry to record this event would inciude a loss of 58000 . gain of $8000. credit to Accumulated Depreciation for $75000. credit to Accumulated Depreciation for $67000