Which of the following is true when depreciation is recognized as an - ProProfs Discuss
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Which of the following is true when depreciation is recognized as an expense?



A. Depreciation expense decreases, an expense on the income statement increases and equity increases
B. Cash decreases and equity decreases
C. Depreciation expense decreases, an expense on the balance sheet increases and equity decreases
D. Depreciation expense increases, an expense on the income statement increases and equity decreases

This question is part of Accounting - Chapters 1-4
Asked by ReynaldoJPA, Last updated: Jan 26, 2020

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ReynaldoJPA

ReynaldoJPA

Answered Sep 20, 2017

Depreciation expense increases, an expense on the income statement increases and equity decreases
 

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