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:

Activation-Synthesis Theory

A hypothesis in neuroscience that dreams are caused by the brain trying to make sense of random neural activity that occurs during sleep.

Cognitive Development

The process through which individuals acquire and progress in their ability to think, reason, and understand complex concepts over time.

Suprachiasmatic Nucleus

A region of the brain in the hypothalamus responsible for controlling circadian rhythms.

Retinal Proteins

A group of proteins in the retina that play a crucial role in vision by converting light into signals that can be interpreted by the brain.