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Gaston owns equipment that cost $34,000 with accumulated depreciation of $17,000. Gaston asks $16,800 for...

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Accounting

Gaston owns equipment that cost $34,000 with accumulated depreciation of $17,000. Gaston asks $16,800 for the equipment but sells the equipment for $15,300. Which of the following would not be part of the journal entry to record the disposal of the equipment?

Debit Accumulated Depreciation $17,000

Debit Loss on Disposal of Equipment $1,700

Debit Cash $15,300

Credit Equipment $34,000

Credit Gain on Disposal of Equipment $1,700

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