How does the sale of a hay baler sold for its salvage value affect an income statement? it has no effect it increases revenue by the amount received for the baler it increases revenue by the amount of depreciation taken over its life it counts as an accrual adjustment, as a change in accrued expenses

How does the sale of a hay baler sold for its salvage value affect an income statement? it has no effect it increases revenue by the amount received for the baler it increases revenue by the amount of depreciation taken over its life it counts as an accrual adjustment, as a change in accrued expenses