Question: This question: 1 point(s) possible Visual Graphics Company sold a printing press for $74,000 on the last day of the reporting period. The printing press

 This question: 1 point(s) possible Visual Graphics Company sold a printing

This question: 1 point(s) possible Visual Graphics Company sold a printing press for $74,000 on the last day of the reporting period. The printing press had a gross and net amount of $100,000 and $65,000, respectively, reflected on the balance sheet at that date. Which of the following is the journal entry made by the company to reflect this asset sale? O A. Cash 74,000 Printing Equipment Gain on Sale 65,000 9,000 OB. Cash Accumulated Depreciation Printing Equipment Gain on Sale 74,000 35,000 100,000 9,000 74,000 C. Cash Printing Equipment Gain on Sale $5,000 9,000 OD. Accumulated Depreciation Printing Equipment Gain on Sale 65,000 35,000 30,000

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