Gaston owns equipment that cost $13,500 with accumulated depreciation of $2,700. Gaston sells the equipment for $9,700. Which of the following would not be part of the journal entry to record the disposal of the equipment?

Multiple Choice

• Credit Equipment $13,500.

• Debit Loss on Disposal of Equipment $1,100.

• Debit Accumulated Depreciation $2,700.

• Credit Gain on Disposal of Equipment $1,100.

• Debit Cash $9,700.