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A Company has an asset with an original value of $8,000 and a carrying value...

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Accounting

A Company has an asset with an original value of $8,000 and a carrying value today of $2,200. The company no longer
needs the asset and has decided to sell it today for $1,500 cash. The journal entry the company will use to record the sale includes what:
O a credit to the asset account for $2,200.
O a debit to accumulated depreciation for $5,800.
O a debit to the asset account for $2,200.
O a credit to a gain account for $700.

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