The Records of Pam Company Showed the Following About a Machine

question 45

Multiple Choice

The records of Pam Company showed the following about a machine on January 1, 20H: Purchased 1/1/20E for $35,000 Accumulated depreciation at January 1, 20H, $26,400
On July 1, 20H, the machine was sold for $7,000. Depreciation for the first six months of 20H was $1,467. The gain or loss on disposal would be which of the following?

• A) $133 gain.
• B) $133 loss.
• C) $1,600 loss.
• D) $1,600 gain.

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Definitions:

Workplace Violence

Any act or threat of physical violence, harassment, intimidation, or other threatening disruptive behavior that occurs at the work site.

Positive Influence

The ability to affect others in a beneficial way, encouraging improvement or positive change in behavior and attitudes.

Mangers

Managers are individuals responsible for planning, directing, and overseeing operations and employees within organizations, making strategic decisions to achieve goals.

Repertoire

A collection or range of skills, abilities, or items available to someone or something.