For which of the following assets would a wholesale company use depreciation?
A)gasoline used to power its delivery trucks
B)its patented computer tracking equipment
C)its warehouses
D)its accounts receivable
E)its inventory of unsold merchandise

Question

Quizplus · Accepted Answer

Depreciation is used for tangible fixed assets like warehouses, which lose value over time due to wear and tear.

For Which of the Following Assets Would a Wholesale Company