A Machine That Cost $10,000 Was Purchased at the Beginning

question 15

Multiple Choice

A machine that cost $10,000 was purchased at the beginning of the current business year.Assuming that an equal amount of amortization will be recorded for each year of the machine's life at $800,the adjusting entry made at the end of the current business year should include which of the following?

• A)an $800 credit to accumulated amortization.
• B)an $800 credit to amortization expense.
• C)a $10,000 credit to accumulated amortization.
• D)a $10,000 credit to amortization expense.

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Definitions:

Anterosuperior Surface

The front and upper area of a structure or organ.

Tubular Maximum

Maximum rate of secretion or reabsorption of a substance by the renal tubules.

Renal Corpuscle

A structure in the kidney that includes the glomerulus and Bowman's capsule, involved in the initial stages of blood filtration.

Reabsorbed

The process by which substances are taken back into the body or bloodstream, often referring specifically to the recovery of substances filtered out of the blood by the kidneys.