The recording of depreciation is related to a(n):
A)deferred expense.
B)deferred revenue.
C)accrued expense.
D)accrued revenue.

Name: The recording of depreciation is related to a(n): A)deferred expense. B)deferred revenue. C)accrued expense. D)accrued revenue.
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Quizplus · Accepted Answer

Depreciation is the systematic allocation of the cost of a long-term asset over its useful life. It is a deferred expense because the full cost of the asset is not expensed immediately, but is deferred and allocated over time.

The Recording of Depreciation Is Related to A(n)