Answer:
b. customer relationships
Explanation:
Based on the information provided within the question it can be said that in this scenario Danielle is addressing the element of customer relationships. This term refers to the ways that a company or individual engages with the customers in order to improve the experience that those customers have with the company. This leads to good customer experience which creates customer loyalty and thus increases sales.
Basically start off with a great idea and invest thousands of dollars and hopefully it lifts off from there.
Based on the fact that Forward Co. discarded a machine with cost $5,000, the entry to record this transaction in the books would include a credit to Machinery.
<h3>How do you dispose of fixed assets?</h3>
When fixed assets are to be disposed of, the accumulated depreciation upt to that point is looked at to calculate the net book value.
This would then show the company if they made a profit or a loss when they sold the fixed asset with a profit being made when the selling price is higher than the net book value.
Regardless of the price the fixed asset is sold at, the company would record a credit to the fixed asset (machinery) account to show that the fixed asset account is decreasing.
In conclusion, there will be a credit to machinery.
Find out more on disposing fixed assets at brainly.com/question/14542603
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