Big Rig Delivery Service Has the Following Plant Assets: Communications

question 220

Multiple Choice

Big Rig Delivery Service has the following plant assets: Communications Equipment: Cost,$3,840 with useful life of 8 years; Delivery Equipment: Cost,$17,712 with useful life of 12 years; and Computer: Cost,$12,960 with useful life of 4 years.Assume the residual value of all the assets is zero and the straight-line method is used. Big Rig's monthly depreciation journal entry will include a ________.

• A) debit to Depreciation Expense - Equipment of $5,196
• B) credit to Depreciation Expense - Equipment of $5,196
• C) debit to Accumulated Depreciation - Equipment of $433
• D) credit to Accumulated Depreciation - Equipment of $433

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Definitions:

Management Support

The assistance, guidance, and resources provided by managers to their teams, facilitating achievement of goals and improvement in performance.

Training Methods

Techniques and strategies used to facilitate the learning process and skill development, ranging from instructor-led training to online and interactive methods.

Valence

The perceived desirability or attractiveness of a reward or outcome, which influences motivation.

Negative Transfer

This occurs when learning in one context or task hinders or interferes with performance in another context or task.