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On April 1, 2010, a company discarded a computer that cost $15,000 and that had a useful life of 4 years, and a residual value of $1,000. Based on straight-line depreciation, the accumulated depreciation as of December 31, 2009 was $10,700.
a. Prepare the journal entry to record depreciation up to the date of disposal of the computer.
b. Prepare the journal entry to record the disposal of the computer.
Monozygotic Twins
Twins that originate from a single fertilized egg, sharing 100% of their DNA and typically having very similar physical characteristics.
Egg Cells
The female reproductive cells, also known as ova, which, when fertilized by a sperm cell, can develop into a new organism.
Genes
Units of heredity made up of DNA that act as instructions to make molecules called proteins.
Infertility
The inability to conceive a child after trying for an extended period of time.
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