Panda Partners Purchased $1,450 of App Software That Is Estimated

question 38

Multiple Choice

Panda Partners purchased $1,450 of app software that is estimated to have four years of usefulness.The adjusting entry to record the amortization includes a debit to ________ and a credit to ________.

• A)Amortization Expense;Accumulated Amortization
• B)Accumulated Amortization;Amortization Expense
• C)Depreciation Expense;Accumulated Depreciation
• D)Accumulated Depreciation;Depreciation Expense
• E)Software;Amortization Expense

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Definitions:

Behavior Change

A modification in an individual's actions or reactions often aimed at improving health or social outcomes.

Self-Efficacy

A person's belief in their capacity to execute behaviors necessary to produce specific performance attainments.

Planning

The process of setting objectives, determining strategies to achieve them, and organizing activities to accomplish these objectives.

Health Action Process Approach

A psychological theory that models how people come to the decision to take action on their health and how they implement and maintain those actions.