For a Company Using the Straight-Line Method of Depreciation That

question 27

Multiple Choice

For a company using the straight-line method of depreciation that changes the estimated useful life from 20 years to 15 years remaining as at the beginning of the year, the accountant should do the following:

• A)Compute current year depreciation as (carrying amount - residual value)divided by 15 years.
• B)Adjust prior year's depreciation.
• C)Adjust the amount of accumulated depreciation as at the beginning of the year.
• D)Compute current year depreciation as (carrying amount)X 15/20.

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A display mode where an application or video occupies the entire screen, hiding the operating system's interface.

Title Bar

The horizontal bar at the top of a window that displays the name of the application or document being viewed.

Taskbar

A horizontal bar typically located at the bottom of a computer screen that displays open applications and provides access to certain system functions.

Playlists

Curated lists of audio or video files that can be played back on media players in a particular order.