A Machine That Cost $13,000 and on Which $9,300 of Accumulated

question 213

Short Answer

A machine that cost $13,000 and on which $9,300 of accumulated depreciation had been recorded was disposed of for $3,700. The entry to record the disposal of the machine is:

---

Definitions:

Critical Thinking

The goal of critically examining and assessing a matter to come to a decision.

Unconditional Positive Regard

An attitude of total acceptance and support towards another person, irrespective of what they say or do.

Client-Centered Therapy

Client-centered therapy, developed by Carl Rogers, is a form of psychotherapy that emphasizes the importance of the patient's self-perception and encourages them to lead the therapy process.

Therapist Accepts

The principle of unconditional positive regard in psychotherapy, where the therapist accepts and supports the client regardless of what they say or do.