Gaston owns equipment that cost $22,000 with accumulated depreciation of $6,600. Gaston asks $14,900 for the equipment but sells the equipment for $13,900. Which of the following would not be part of the journal entry to record the disposal of the equipment?

Multiple Choice

• Credit Equipment $22,000.

• Debit Loss on Disposal of Equipment $1,500.

• Debit Cash $13,900.

• Credit Gain on Disposal of Equipment $1,500.

• Debit Accumulated Depreciation $6,600.