Question
18. What are the effects of posting depreciation on the accounting equation? (a) Total assets increase and equity increases (b) Total assets decrease and total
18. What are the effects of posting depreciation on the accounting equation?
(a) Total assets increase and equity increases
(b) Total assets decrease and total liabilities increase
(c) Total assets decrease and equity increases
(d) Total assets decrease and total liabilities decrease
(e) None of the above
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Cost Accounting For Managerial Planning Decision Making And Control
Authors: Andrew Schiff, Hsihui Chang, Woody M Liao, James L Boockholdt
5th Edition
0759340412, 978-0759340411
