If a Computer with a Fully Depreciated Cost of $10

Multiple Choice

If a computer with a fully depreciated cost of $10 000 is discarded as worthless, the correct accounting entry to record the scrapping is:

A) DR Expense on disposal of asset $10 000; CR Computer $10 000
B) DR Accumulated depreciation computer $10 000; CR Computer $10 000
C) DR Expense on disposal of asset $10 000; CR Accumulated depreciation computer $10 000
D) DR Expense on disposal of asset $10 000; CR Proceeds of disposal of asset $10 000