____ is money spent to purchase assets that appear on the organization's balance sheet and that are depreciated over the life of the asset.
A) Capital
B) Principal
C) Assets
D) Funds

Question

Quizplus · Accepted Answer

Capital refers to money invested in purchasing assets that are depreciated over time. This aligns with the description given in the question. Principal refers to the original amount of a loan, assets are what is being purchased with the capital, and funds is a more general term that could refer to any type of financial resources.

____ Is Money Spent to Purchase Assets That Appear on the Organization's