Question 5 A $20,000 piece of equipment with a useful life of 5 years and no residual value is being depreciated the equipment was sold for $6,000. What will the journal entry include? A debit to gain of $2000 .A A debit to accumulated depreciation of $16,000 B A debit to residual value of $6,000 A credit to Equipment of $4,000 D Question 5 A $20,000 piece of equipment with a useful life of 5 years and no residual value is being depreciated the equipment was sold for $6,000. What will the journal entry include? A debit to gain of $2000 .A A debit to accumulated depreciation of $16,000 B A debit to residual value of $6,000 A credit to Equipment of $4,000 D