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An asset that cost $ 20,000 and has accumulated depreciation of $ 15,000 is sold for $2,000. The journal entry would include a: Select one:
An asset that cost $ 20,000 and has accumulated depreciation of $ 15,000 is sold for $2,000. The journal entry would include a: Select one: a. Debit to Loss on Disposal of $ 3,000 O b. Credit to Accumulated Depreciation for $ 15,000. O c. Credit to Gain on Disposal of $3,000. d. Debit to Loss on Disposal of $5,000
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