Ace Electronics Bought a New Cash Register for $2,500

question 50

Multiple Choice

Ace Electronics bought a new cash register for $2,500.Ace originally planned to use the cash register for 4 years and then sell it for $200.After 4 years,Ace had recorded $2,300 of depreciation.If Ace continues to use the cash register,still planning to sell it eventually for $200,then Ace should record:

• A) no additional depreciation.
• B) $200 of additional depreciation.
• C) $575 of additional depreciation.
• D) the removal of the cash register from its books because it is fully depreciated.

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Definitions:

Lithium

A chemical element used as a medication to treat and prevent episodes of mania in people with bipolar disorder, acting to stabilize mood.

Bipolar Disorder

A mental health condition characterized by extreme mood swings, including emotional highs (mania or hypomania) and lows (depression).

Antipsychotic Drugs

Medications used to manage psychosis, including severe mental disorders such as schizophrenia, by reducing or controlling symptoms like hallucinations and delusions.

Hopelessness

A state of despair characterized by a perceived lack of future prospects or personal efficacy.