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Question 9 1 points A truck that cost $72,000 and on which 360,000 of accumulated depreciation has been recorded was disposed of for $18,000 cash.

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Question 9 1 points A truck that cost $72,000 and on which 360,000 of accumulated depreciation has been recorded was disposed of for $18,000 cash. The entry to record this event would include a (OSLO) gain of 56.000 loss of 36,000 credit to the Equipment account for $12,000 credit to Accumulated Depreciation for $60,000

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