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What the journal entry to record the sale of old printing

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Problem 1: Rooster Ltd. sells a printing press for $10,000 in order to purchase a newer model. The cost of the old printing press was $45,000 and accumulated depreciation up to date is $33,000. The journal entry to record the sale of the old printing press?

a. credit to cash for 10,000
b. credit to loss on sale of equipment for $6,000
c. debit to equipment for $45,000
d.debit to accumukated depreciation for $33,000

Reference no: EM133007089

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