Which of the Following Journal Entries Is Correct When a Company

question 2

Multiple Choice

Which of the following journal entries is correct when a company owns its office building for many years and now sells the building? A. Cash Accumulated depreciation
$\quad$ Loss on sale
$\quad$ Building
B. Cash
$\quad$ Building
$\quad$ Gain on sale
$\quad$ Accumulated depreciation
C. Cash
$\quad$ Accumulated depreciation
$\quad$ Loss on sale
$\quad$ Building
D. Cash
$\quad$ Gain on sale
$\quad$ Building

• A) Option A
• B) Option B
• C)Option C
• D)Option D

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Definitions:

Sibling Abuse

The physical, emotional, or sexual abuse of one sibling by another.

Reported Type

The category or specific kind of something that has been disclosed or documented, often referring to data or incidents.

Upsetting

Causing distress, disappointment, or discomfort; an emotional state or reaction to an unfavorable situation.

Dangerous

Possessing the potential to cause harm, injury, or risk to safety.