When Equipment That Is Fully Depreciated Is Discarded

question 130

Multiple Choice

When equipment that is fully depreciated is discarded:

• A)debit the original cost of the asset.
• B)credit the balance of Accumulated Depreciation.
• C)debit Accumulated Depreciation and credit Equipment.
• D)None of these answers is correct.

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Definitions:

Set Point

A theory suggesting that individuals have a pre-set, natural body weight or condition that the body regulates and tends to maintain.

Physical Activity

Any bodily movement produced by skeletal muscles that requires energy expenditure, including activities undertaken while working, playing, carrying out household chores, traveling, and engaging in recreational pursuits.

Stable Body Weight

A condition where an individual's body weight remains relatively constant over time, indicating a balance between calorie intake and energy expenditure.

Blood Sugar

The concentration of glucose in the bloodstream, crucial for providing energy to cells throughout the body; its regulation is vital for metabolic health.