The Jasmine Corporation Purchased a Notebook Computer for $3,600 on December

question 25

Multiple Choice

The Jasmine Corporation purchased a notebook computer for $3,600 on December 1.The useful life of the notebook computer is estimated to be 3 years.If financial statements are to be prepared on December 31, the company should make the following adjusting entry:

• A)debit Depreciation Expense, $1,200; credit Accumulated Depreciation-Equipment, $1,200.
• B)debit Depreciation Expense, $100; credit Accumulated Depreciation-Equipment, $100.
• C)debit Accumulated Depreciation-Equipment, $1,200; credit Depreciation Expense, $1,200.
• D)debit Equipment, $100; credit Accumulated Depreciation-Equipment, $100.

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Definitions:

Isotonic Contraction

A type of muscle contraction in which the muscle changes length while the tension remains constant, typically involved in lifting and moving objects.

Isometric Contraction

Muscle contraction that occurs without changes in muscle length, resulting in tension without movement.

Concentric Tension

Refers to the force generated by muscle fibers shortening during contraction, often used in the context of exercise and muscle physiology.

Inner Ear

The innermost part of the ear, responsible for hearing and balance, containing the cochlea, vestibule, and semicircular canals.