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An asset that cost $65,000 has accumulated amortization of $23,000 is sold for $50,000. The journal entry to record the sale of the asset would

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An asset that cost $65,000 has accumulated amortization of $23,000 is sold for $50,000. The journal entry to record the sale of the asset would include: C Select one: A. A debit to Gain on Disposal of Asset of $15,000 B. A debit to Gain on Disposal of Asset of $8,000 C. A credit to Gain on Disposal of Asset of $15,000 D. A credit to Gain on Disposal of Asset of $8,000

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