For sale of assets, which account is debited?

Q. The loss on sale of asset is debited to account.

Q. For sale of assets at the time of realisation, we debit account and credit account.

Q. The Profit on Sale of an asset is debited to ________ Account.

Q.

For sale of assets, realisation account is __________.

Q. Which of the following is correct? Depreciable assets are those assets which:
(1) Are expected to be used for more than one accounting period.
(2) Have a limited useful life
(3) Are held for the purpose of re-sale
(4) None of these