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On December 31, Strike Company has decided to discard one of its batting cages. The equipment had an initial cost of $233,200 and has accumulated

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On December 31, Strike Company has decided to discard one of its batting cages. The equipment had an initial cost of $233,200 and has accumulated depreciation of $209,880. Depreciation has been recorded up to the end of the year. Which of the following will be included in the entry to record the disposal? Gain on Disposal of Asset, credit, $23,320 Accumulated Depreciation, debit, 5233,200 Equipment, credit, 5233,200 Loss on Disposal of Asset; debit, $209,880

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