Equipment that had been acquired several years ago by a special revenue fund at a cost of $40,000 was sold for $15,000 cash. Accumulated depreciation of $30,000 existed at the time of the sale. The journal entry to be made in the governmental activities journal will include all of the following except:

Multiple Choice

• A debit to Cash for $15,000.

• A debit to Accumulated Depreciation for $30,000.

• A credit to Equipment for $40,000.

• A credit to Other Financing Sources for $5,000.