Brandy Enterprises Discarded a Computer That Was Fully Depreciated and Had

Multiple Choice

Brandy Enterprises discarded a computer that was fully depreciated and had no residual value.As a result of this transaction,Brandy will ________.

A) report a loss equal to the historical cost of the computer
B) Debit the Computer account and credit the Accumulated Depreciation - Computer account
C) Debit the Accumulated Depreciation - Computer account; debit Loss on Disposal of Computer account, and credit the Computer account
D) zero out the Computer and Accumulated Depreciation - Computer accounts