In Consolidation at December 31, 2019, What Adjustment Is Necessary

question 76

Multiple Choice

In consolidation at December 31, 2019, what adjustment is necessary for Hogan's Equipment account?

• A) $3,000 increase.
• B) $3,000 decrease.
• C) $2,700 increase.
• D) $2,700 decrease.
• E) No adjustment is necessary.

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Definitions:

All-In-One Computer

A desktop system unit that houses the computer’s processor, memory, and monitor in a single unit.

Sleep Mode

A low-power mode for computing devices that saves electric power consumption and saves the last-used settings. When the device is “woken up,” work is resumed more quickly than when cold-booting the device.

Central Processing Unit

The primary component of a computer that interprets and executes instructions, functioning as the brain of the computer.

Port

A port is a virtual point where network connections start and end. Ports are software-based and managed by a computer's operating system.