Equipment that cost $110000 and on which $65000 of accumulateddepreciation has been recorded was disposed of for $50000 cash. Theentry to record this event would include a O credit to AccumulatedDe Equipment that cost \\( \\$ 110000 \\) and on which \\( \\$ 65000 \\) of accumulated depreciation has been recorded was disposed of for \\( \\$ 50000 \\) cash. The entry to record this event would inc 2 answers