On April 1,2013,a Company Discarded a Computer That Cost $15,000

question 197

Essay

On April 1,2013,a company discarded a computer that cost $15,000 and that had a useful life of four years and a salvage value of $1,000.Using straight-line depreciation,the accumulated depreciation as of December 31,2012,was $10,700.
a.Prepare the journal entry to record depreciation up to the date of disposal of the computer
b.Prepare the journal entry to record the disposal of the computer.

Distinguish between the motivations and characteristics of different types of murderers, including those who commit murder-suicides, school violence, and fame-driven killings.

Understand the role of external influences, such as the media and social environment, on violent behavior.

Analyze the relationship between violent behavior and variables such as race, age, and marital status.

Identify the seasonal variation in violent crimes and assess its implications.

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Definitions:

Oppression

The exercise of authority or power in a burdensome, cruel, or unjust manner.

Novation

is the process of substituting a new obligation or contract for an old one, with consent from all parties involved.

Right Of Appraisal

See dissenter’s rights.

Reverse Share Split

A corporate action in which a company reduces the total number of its outstanding shares, typically to increase the per-share price.