In accounting,depreciation refers to the
A) allocation of asset cost.
B) wearing away of an asset.
C) decline in value of an asset.
D) obsolescence of an asset.
Correct Answer:
Verified
Q79: The matching rule is applied
A)because it is
Q89: Expenses are incurred
A) as a result of
Q90: Which of the following accounts is a
Q91: Which of the following is an application
Q92: Which of the following is a condition
Q95: An adjusting entry would not include which
Q96: Which of the following transactions is most
Q97: Which of the following is the most
Q98: The four conditions that must exist,according to
Q99: When a credit sale takes place,
A) a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents