If an Asset Costs $35,000,has a Residual Value of $3,000,and

question 48

Multiple Choice

If an asset costs $35,000,has a residual value of $3,000,and has a useful life of five years,the entry to record depreciation in the second year,using the double-declining-balance method,is:

• A) Depreciation Expense - Asset 8,050
• Cash 8,050
• B) Depreciation Expense - Asset 8,400
• Accumulated Depreciation - Asset 8,400
• C) Depreciation Expense - Asset 8,750
• Accumulated Depreciation - Asset 8,750
• D) Accumulated Depreciation - Asset 9,100
• Depreciation Expense - Asset 9,100

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Definitions:

Preganglionic Sympathetic

Pertains to the neurons that run from the central nervous system to a ganglion in the sympathetic part of the autonomic nervous system.

Acetylcholine

A neurotransmitter in the body that is involved in muscle activation, heart rate, and many other functions in the nervous system.

Autonomic Muscarinic Receptors

A type of receptor located in the autonomic nervous system that responds to the neurotransmitter acetylcholine.

Intestinal Motility

The movement of the intestines which facilitates the progression of its contents towards elimination.