When Equipment That Is Fully Depreciated Is Discarded

question 31

Multiple Choice

When equipment that is fully depreciated is discarded:

• A)debit the original cost of the asset.
• B)credit the balance of Accumulated Depreciation.
• C)debit Accumulated Depreciation and credit Equipment.
• D)None of these answers are correct.

---

Definitions:

Advocacy Policies

Initiatives or actions undertaken to support and promote a particular cause or policy idea.

General Public

Refers to the ordinary people in society at large who do not have any special role or position in governmental or specific institutional contexts.

Fraternal Organizations

Groups or societies formed based on common interests, professions, or purposes, often with a focus on mutual aid and community service.

Statewide Nonprofit

A nonprofit organization that operates or provides services across an entire state.