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

question 169

Multiple Choice

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:

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Definitions:

Battle of Saratoga

A pivotal series of military engagements in 1777 during the American Revolutionary War, marking a significant turning point with the American victory convincing France to support the United States.

Decisive Battle

A military engagement that significantly determines or changes the outcome of a conflict or war, often leading to an end of hostilities.

American Military Position

Refers to the strategic stance or deployment of the United States Armed Forces globally to protect national interests and support international peace and security.

Thomas Paine

An influential writer and revolutionary, best known for his works "Common Sense" and "The American Crisis," which advocated for American independence from Britain.