It Is Determined That a Computer's Depreciation Expense for the Year

question 144

Multiple Choice

It is determined that a computer's depreciation expense for the year is $3,500. The journal entry to record this will be:

• A)debit Depreciation Expense - computer $3,500; credit Cash $3,500.
• B)debit Accumulated Depreciation - computer $3,500; credit Cash $3,500.
• C)debit Depreciation Expense - computer $3,500; credit Accumulated Depreciation, $3,500.
• D)debit Cash $3,500; credit Depreciation Expense - computer $3,500.

---

Definitions:

Poisson Distribution

A statistical distribution showing the probability of a given number of events happening in a fixed interval of time or space if these events occur with a constant mean rate and independently of the time since the last event.

Poisson Distribution

A distribution for predicting the probability of a given number of events occurring over a fixed interval of time or space.

Normal Distribution

A probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Binomial Distribution

A probability distribution that summarizes the likelihood that a value will take one of two independent values under a given set of parameters or assumptions.