Hercules Company Purchased a Computer for $4,800 on December 1

question 33

Multiple Choice

Hercules Company purchased a computer for $4,800 on December 1. It is estimated that annual depreciation on the computer will be $960. If financial statements are to be prepared on December 31, the company should make the following adjusting entry:

• A) Debit Depreciation Expense, $960; Credit Accumulated Depreciation, $960.
• B) Debit Depreciation Expense, $80; Credit Accumulated Depreciation, $80.
• C) Debit Depreciation Expense, $3,840; Credit Accumulated Depreciation, $3,840.
• D) Debit Office Equipment, $4,800; Credit Accumulated Depreciation, $4,800.

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Definitions:

Specific Defense Mechanisms

Immune responses that are specifically tailored to recognize and target particular pathogens or antigens.

Antibodies

Proteins produced by the immune system that recognize and neutralize foreign substances such as bacteria and viruses.

Tumor Cells

Cells that grow and divide at an unregulated, quick pace leading to the formation of a mass or lump known as a tumor.

Natural Killer Cells

A type of white blood cell that plays a crucial role in the body's immune response by attacking and destroying infected or cancerous cells.