A Photocopy Machine Costs $99,000 When New and Has Accumulated

question 79

Multiple Choice

A photocopy machine costs $99,000 when new and has accumulated depreciation of $92,000.Suppose the company junks this machine and receives nothing.What is the result of the disposal transaction?

• A)gain of $7000
• B)no gain or loss
• C)loss of $11,500
• D)loss of $7000

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Definitions:

Selling Process

A series of steps a salesperson follows to persuade a customer to purchase a product or service, typically involving stages such as approach, needs assessment, presentation, and close.

Sales Technology

Tools and software designed to enhance the efficiency and effectiveness of sales processes.

Inbound Calls

Calls initiated by customers or clients to a business or organization, typically for inquiries, support, or transactions.

Customer Complaint

Feedback or expression of dissatisfaction from a customer regarding a product's or service's perceived failure or shortcoming.