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When a Company Discards Machinery That Is Fully Depreciated,this Transaction \quad

Question 47

Multiple Choice

When a company discards machinery that is fully depreciated,this transaction will be recorded with which of the following entries?


A) Dr Accumulated depreciation \quad \quad \quad Cr Machinery
B) Dr Machinery \quad \quad \quad \quad \quad \quad \quad Cr Accumulated depreciation
C) Dr Cash \quad \quad \quad \quad \quad \quad \quad \quad \quad Cr Accumulated depreciation
D) Dr Depreciation expense \quad \quad \quad \quad Cr Accumulated depreciation

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