On July 1, 2017, a truck was sold for $10,000. The company originally paid $28,000 on June

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Question:

On July 1, 2017, a truck was sold for $10,000. The company originally paid $28,000 on June 30, 2010, and has recorded accumulated depreciation on it to date of $15,000. The entry to record the sale would include a

a) credit to accumulated depreciation for $15,000.

b) debit to trucks for $28,000.

c) credit to gain on sale of truck for $3,000.

d) debit to loss on sale of truck for $3,000.