A Company Discarded a Computer System Originally Purchased for $18,000

question 130

Multiple Choice

A company discarded a computer system originally purchased for $18,000. The accumulated depreciation was $17,200. The company should recognize a(an) :

• A) $7,200 loss.
• B) $8,000 loss.
• C) $800 loss.
• D) $800 gain.
• E) $0 gain or loss.

---

Definitions:

Molecules

The smallest unit of a chemical compound that can exist; made up of two or more atoms bonded together, retaining the properties of that compound.

Taste

Taste is one of the five traditional senses, involving the perception of flavor from substances on the tongue, categorized into sweet, sour, salty, bitter, and umami.

Conditioned Taste Aversion

Conditioned taste aversion is a learned response where an individual develops a repulsion to the taste of a particular food or drink after it has been associated with illness or discomfort.

Illness

A state of poor health resulting from disease, infection, or another medical condition, affecting the body or mind.