When a Company Discards Machinery That Is Fully Depreciated,this Transaction

question 129

Multiple Choice

When a company discards machinery that is fully depreciated,this transaction would be recorded with the following entry

• A)debit Accumulated Depreciation; credit Machinery
• B)debit Machinery; credit Accumulated Depreciation
• C)debit Depreciation Expense; credit Accumulated Depreciation
• D)debit Cash; credit Accumulated Depreciation

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