Brandy Enterprises Discarded a Computer That Was Fully Depreciated and Had

question 90

Multiple Choice

Brandy Enterprises discarded a computer that was fully depreciated and had no residual value.As a result of this transaction,Brandy will ________.

• A) report a loss equal to the historical cost of the computer
• B) Debit the Computer account and credit the Accumulated Depreciation - Computer account
• C) Debit the Accumulated Depreciation - Computer account; debit Loss on Disposal of Computer account, and credit the Computer account
• D) zero out the Computer and Accumulated Depreciation - Computer accounts

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Definitions:

Cigarette Smoke

The mixture of gases and particles released into the air when a cigarette is burned, often harmful to health.

Productive

The state of achieving significant results, output, or progress, especially in terms of work or activities.

Impression Management

The practice of consciously making behavioral adjustments to project a desired image to others.

Inconsistent

Behavior or responses that show a lack of steadiness or uniformity, often leading to unpredictability.