If a Computer with a Fully Depreciated Cost of $10

question 49

Multiple Choice

If a computer with a fully depreciated cost of $10 000 is discarded as worthless, the correct accounting entry to record the scrapping is:

• A) DR Expense on disposal of asset $10 000; CR Computer $10 000
• B) DR Accumulated depreciation computer $10 000; CR Computer $10 000
• C) DR Expense on disposal of asset $10 000; CR Accumulated depreciation computer $10 000
• D) DR Expense on disposal of asset $10 000; CR Proceeds of disposal of asset $10 000

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Definitions:

Psychodynamic Therapy

A therapeutic approach aimed at revealing and resolving unconscious conflicts, often through exploring past experience and relationships.

Dimensional Approach

A method of understanding mental health conditions along a continuum rather than as distinct categories, suggesting a range of severity for symptoms.

Dichotomous Classification

The division or classification of items into two distinct, mutually exclusive categories.

Key Personality Traits

Fundamental aspects or characteristics that constitute an individual's distinctive patterns of thoughts, behaviors, and emotions.