Greetings Online disposed of a van that cost $22,000 with accumulated depreciation of $15,000. The journal entry would be to:
a)debit Accumulated Depreciation $15000;debit Depreciation Expense $7000; credit Van $22000
b)debit Loss Disposal of Plant Asset $7000;debit Accumulated Depreciation $15000; credit Van $22000
c)debit Accumulated Depreciation $15000;credit Van$15000
d)none of these answers are correct