Carrying Amount of Equipment Is What Type of Account

question 35

Multiple Choice

Carrying amount of equipment is what type of account?

• A) Asset
• B) Negative asset
• C) Expense
• D) Negative expense

---

Definitions:

Clavicle

A lengthy bone acting as a brace between the shoulder blade and sternum, commonly referred to as the collarbone.

Scapula

A flat, triangular bone located on the posterior side of the shoulder, serving as an attachment point for muscles and supporting the arm.

Sternum

The sternum, or breastbone, is a long flat bone located in the center of the chest, serving as a major connection point for ribs.

Thoracic Vertebra

One of the twelve vertebrae located in the mid-back section of the spine, which are connected to the rib cage.