The units-of-production method of depreciation charges a varying amount of expense for each period of an asset's useful life depending on its usage True False The total amount of depreciation expense over an asset's useful life will be the same under all methods of depreciation. True False According to the straight-line depreciation method, an equal amount of depreciation expense is assigned to each year of the asset useful life True False Question 1 Ak, Basel and Ziad are sharing income and loss in a 432 rato respectively and decided to liquidalo their partnership Prior to the tool dibution of card partners, All has a capital balance of $(10,000), Basol has a captal balance of $24,000, and ad has a capital balance of 136,000 Aso, cash ac $50,000 All is NOT able to pay the amount he owes the partnership. Which of the following two journal entries are right to record thes liquidation case? OA Basel Capital Ziad Capital 4,000 6,000 All Capital 10,000 Basel capital 18,000 Ziad capital Cash 32,000 50,000 O& Basel Capital 6,000 Ziad Capital 4,000 All Capital 10,000 Basel capital 32,000 18,000 Ziad capital Cash 50,000 OC Basel Capital 5,000 Ziad Capital 5,000 All Capital 10,000 19,000 Basel capital Ziad capital 31,000