Hill Inc.purchased an asset on January 1,2009.Hill chose an accelerated depreciation method to depreciate the asset.Which of the following is correct if Hill would have chosen the straight-line depreciation method instead?
A) Depreciation expense would have been lower in 2009.
B) The book value of the asset would have been lower at the end of 2009.
C) The net income would have been lower during 2009.
D) The accumulated depreciation balance would have been higher at the end of 2009.
Correct Answer:
Verified
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