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31 of 38 On July 1, 2020 a truck was sold for $10,000. The company...

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31 of 38 On July 1, 2020 a truck was sold for $10,000. The company originally paid $28,000 on June 30, 2013 and has recorded accumulated depreciation of $15,000 up to July 1, 2020. The entry to record the sale would include a Select one: 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 e credit to loss on sale of truck for $3,000. Unsure 205 38 of 38 The Capital Cost Allowance (CCA) Select one: a. Ignores residual value. b. has prescribed depreciation rates. O c. is very similar to accelerated depreciation rates. O d. all of the listed answers are correct

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