A Photocopy Machine Costs $99,000 When New and Has Accumulated

question 79

Multiple Choice

A photocopy machine costs $99,000 when new and has accumulated depreciation of $92,000.Suppose the company junks this machine and receives nothing.What is the result of the disposal transaction?

• A)gain of $7000
• B)no gain or loss
• C)loss of $11,500
• D)loss of $7000

---

Definitions:

Beacon Technology

A proximity-based technology that uses small wireless devices to transmit signals to nearby smart devices, enabling location-based services and personalized notifications.

Movie Theater

A venue equipped with a large screen and seating designed for the public viewing of films and movies, offering a shared entertainment experience.

Coca-Cola

A global beverage brand and manufacturer known for its flagship carbonated soft drink, which has become one of the most recognized and valuable brands worldwide.

Professional Microblogs

Platforms or social media sites where professionals post brief updates, insights, or commentary related to their field of expertise.