________ are deeply held personal beliefs and preferences

Which of the following is a liability account?

A) Accounts Payable B) Prepaid Expense C) Salaries Expense D) Service Revenue

A copy machine costs $45,000 when new and has accumulated depreciation of $44,000. Suppose Print and Photo Center junks this machine and receives nothing. What is the result of the disposal transaction?

a.) No gain or loss b.) Gain of $1,000 c.) Loss of $1,000 d.) No gain or loss