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AB sold a machine for $15,000 The machine had originally cost $160,000 and al the dale of disposal had a carrying value of $26,000.
The journal entry lo record this disposal is:
A)
B)
C)
D)
Suggested Answer: A
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8 comments · newest first
BR
Brock
12 months ago
Not sure about that, seems off to me.
NA
Nada
1 year ago
I think Option C looks right.
RO
Rozella
1 year ago
Wait, how did it lose so much value?
ME
Merlyn
1 year ago
Definitely a loss on that sale!
MA
Maybelle
1 year ago
Sold for $15k, cost was $160k.
NE
Nelida
1 year ago
Ah, this is an important concept in modern software development. Decoupling deployment from release allows you to be more responsive to business needs and deploy changes quickly without necessarily releasing them.
RO
Roselle
1 year ago
This question seems straightforward. I think discrimination training would be appropriate for scenario A, where the behavior is specific to one setting.
SI
Simona
1 year ago
I feel confident about this one. Convertible bonds are definitely a marketable security, so the answer must be D. I'll mark that and move on.