Multiple Choice
When a company discards machinery that is fully depreciated,this transaction would be recorded with the following entry
A) debit Accumulated Depreciation; credit Machinery
B) debit Machinery; credit Accumulated Depreciation
C) debit Depreciation Expense; credit Accumulated Depreciation
D) debit Cash; credit Accumulated Depreciation
Correct Answer:
Verified
Correct Answer:
Verified
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