Solved

When Equipment That Is Fully Depreciated Is Discarded

Question 39

Multiple Choice

When equipment that is fully depreciated is discarded:


A) debit the original cost of the asset.
B) credit the balance of Accumulated Depreciation.
C) debit Accumulated Depreciation and credit Equipment.
D) None of the above answers are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions