For Renovation Remodeling Company,wrenches,drills,and circular saws are all examples of _____ because they are shown as expenses on the yearly accounting statements.

Question

Quizplus · Accepted Answer

Accessory equipment is generally less expensive and shorter-lived than major equipment and are often charged as an expense in the year it is bought rather than depreciated over its useful life.

For Renovation Remodeling Company,wrenches,drills,and Circular Saws Are All Examples of _____