The entry to record the sale of equipment costing $40,000, with accumulated depreciation of $34,000 and sale price of $8,800, is:
a. Cash 8,800
Accumulated Depreciation— Equipment 34,000
Equipment 40,000
Gain on Sale of Equipment 2,800
b. Accumulated Depreciation— Equipment 34,000
Equipment 25,200
Gain on Sale of Equipment 8,800
c. Accumulated Depreciation— Equipment 8,800
Loss on Sale of Equipment 31,200
Equipment 40,000
d. Accumulated Depreciation— Equipment 14,800
Loss on Sale of Equipment 25,200
Equipment 40,000
A
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Outline the six controllable activities that relate to new systems development
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