Answer: d. Physical depreciation
Explanation:
The allowance of the use of the second hand materials showed the materials met the standard required but this is subjective as the material life span has been shortened due to existing usage of the material.
Emancipation Proclamation of January 1, 1863, freed all the slaves in rebellion areas. The acceptance of black men in the navy and Union army are also proclaimed. Emancipation Proclamation also persuaded the abolitionists in the North to Lincoln's side and gave him the advantage he needed against the South. The Gettysburg address is declared more or less that we are a unified nation, and not separated fighting against one another.
The Freedmen's Bureau was created for the reason of providing food, clothing, shelter, healthcare to affect persons in times of displacement.
<h3>What is the Freedmen's act?</h3>
The Freedmen's act was an act established by congress in the united states to help those in need during the time of war, people like the slaves and the poor.
The act was established in the year 1865.
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The answer to this quietion is a
An accumulated depreciation and depreciation expense are classified, respectively, as <u>expense, contra asset</u><u>.</u>
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<h3>What is a Depreciation expense?</h3>
This refers to the reduction in the cost of the fixed asset used in the business operations to generate profits as a result of wear and tear. It is a form of non-cash expense that is reported in the income statement. While the accumulated depreciation represents the cumulative depreciation expensed charged ever since the asset was put to use.
In conclusion, the accumulated depreciation account is a contra=asset account that is shown as a reduction from the gross fixed assets in the balance sheet.
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