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On April 1,2010,a company discarded a computer that cost $15,000 and that had a useful life of 4 years and a salvage value of $1,000.Using straight-line depreciation,the accumulated depreciation as of December 31,2009 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.
American Call Option
A type of options contract that gives the holder the right, but not the obligation, to buy a specified quantity of a security at a specified price within a certain time period.
Variance
A statistical measure that represents the dispersion of a set of data points or the degree of spread in a distribution.
Value Decrease
A decline in the worth or price of an asset or security.
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