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STION 28 A systematic and rational manner to allocate assets cost over the periods the company will benefit from the asset, is known as er

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STION 28 A systematic and rational manner to allocate assets cost over the periods the company will benefit from the asset, is known as er saved ed out of 1.00 Flag question Select one a Depreciation b. Amortization All answers are correct O d. Depletion UESTION 29 Each of the following is added to net income in computing net cash provided by operating activities except Marked out of P Flag question Select one a A gain on sale of equipment b A decrease in inventory Amortization expense d An increase in accrued expenses payable N26 ved ut of 1.00 If the month-end bank statement shows a balance of R054.000, outstanding checks are R0.18,000, a deposit of R0.6,000 was in transit at month end, and a check for R.0.750 was erroneously added by the bank to the account, the correct balance in the bank accountat month end is uestion Select one a. R.0.41.250 b.R.O.42.750 CRO 30.750 d. R 0.65.250

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