Assume that a machine with a cost of $2,000 has accumulated depreciation of $1,000.Assume it is sold for $1,500.Which of the following would be part of the journal entry to record this sale?

a.debit Accumulated Depreciation for $1,000

b.debit the Machine account for $2,000

c.debit Loss on Disposal for $500

d.debit Gain on Disposal for $500