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QUESTION 25 Not yet answered Marked out of 1.00 P Flag question A truck that cost R.O.42,000 and on which R.0.35,000 of accumulated depreciation has

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QUESTION 25 Not yet answered Marked out of 1.00 P Flag question A truck that cost R.O.42,000 and on which R.0.35,000 of accumulated depreciation has been recorded was disposed of for R.0.3,500 cash. The entry to record this event would include a Select one: a. Loss of R.0.3,500. b. Credit to Accumulated Depreciation for R.0.35,000 c. Credit to the Truck account for R.O.7,000. d. Gain of R.0.3.500

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