iest 75 pts possible Tulip Corporation purchased equipment for $55,000 on January 1, 2017 On December 31, 2019, the equipment was sold for $24,000 Accumulated Depreciation as of December 31, 2019 was $29,000 Calculate gain or loss on the sale. O A. $2,000 gain OB. $29,000 loss OC. $2,000 loss OD. no gain no loss les Click to select your answer ome Green Lawns Corporation earned $500 for landscaping services rendered. The customer promised to pay at a later time. Which of the following account increased as a result of this transaction? ents O A. Accounts Payable O B. Supplies OC. Cash OD. Accounts Receivable e Text dia Library