Carlton Company sold equipment for $3,700 that originally cost $22,000 . The balance of the Accumulated Depreciation account related to this equipment was $19,000 . The entry to record the disposal of this equipment would include a
a. debit to Loss on Sale of Equipment of $700.
b. credit to Gain on Sale of Equipment of $700.
c. credit to Equipment of $3,000.
d. debit to Gain on Sale of Equipment of $700.
B
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