Equipment That Cost $90000 and on Which $50000 of Accumulated

question 195

Multiple Choice

Equipment that cost $90000 and on which $50000 of accumulated depreciation has been recorded was disposed of for $45000 cash.Recording this event would include a(n)

• A)gain of $5000.
• B)loss of $5000.
• C)decrease to Equipment for $15000.
• D)increase to Accumulated Depreciation for $15000.

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Definitions:

Contribution

An act of giving something, such as effort, assistance, or resources, to aid a cause or achieve a common goal.

Peripheral Route

In the context of persuasion, a method where people are influenced by incidental cues, such as a speaker's attractiveness or message length, rather than argument quality.

Good-Looking Speaker

A speaker who is considered physically attractive, which can influence audience perceptions and reactions.

Factual Basis

refers to a foundation of verifiable facts and evidence that supports a hypothesis, argument, or legal action.