If a Computer with a Fully Depreciated Cost of $30

question 62

Multiple Choice

If a computer with a fully depreciated cost of $30 000 is discarded as worthless, the accounting entry to record the scrapping is which of the following?

• A) Debit expense on disposal of asset $30 000; credit computer $30 000
• B) Debit expense on disposal of asset $30 000; credit accumulated depreciation computer $30 000
• C) Debit accumulated depreciation computer $30 000; credit computer $30 000
• D) Debit accumulated depreciation computer $30 000; credit computer $30 000; Debit expense on disposal of asset; credit proceeds of disposal of asset $30 000

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Definitions:

Signal-Detection Theory

A theory that explains how individuals differentiate between important stimuli and background noise in the environment.

Hits

In the context of information retrieval, it refers to the results returned by a search engine that matches the search criteria.

False Alarms

Occurrences in signal detection theory where a signal is indicated to be present when it is not, leading to a mistaken response.

Subliminal Perception

The processing of information by sensory systems without conscious awareness of the stimuli.