1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga55 [171]
3 years ago
5

g Depreciation refers to which one of the following? The amount of money that is lost over a period when services are underutili

zed. An estimate of how much of a tangible asset has been used during an accounting period: considered an expense that requires the use of cash deducted from the operations revenue. The amount of money still owed on a tangible asset, minus the amount of expenses spent to facilitate the utilization of the asset (utilities, personnel, enabling assets, etc.). An estimate of how much of a tangible asset has been used during an accounting period: considered an expense that does not require any cash outflow under the accrual basis accounting.
Business
1 answer:
Ganezh [65]3 years ago
6 0

Answer:

The answer is D

Explanation:

Depreciation is best described as An estimate of how much of a tangible asset has been used during an accounting period: considered an expense that does not require any cash outflow under the accrual basis accounting.

Depreciation reduces the value of an asset and it reduces it over the life span of an asset. Depreciation is a non cash reduction. Depreciation tells us how much the value of an asset has reduced.

The formula is (cost of the asset - any residual value) ÷ the number of useful life span

You might be interested in
Which of the following cash budget equations is incorrect? Multiple Choice Period one ending cash balance = period two beginning
iris [78.8K]

Answer:

Cash payments + cash receipts = cash requirements

Explanation:

The cash budget is a budget which deals in a inflow and outflow of cash. The inflow of cash refers to the incoming of cash through receipts while the outflow of cash refers to the outgoing of cash through payments

It interprets the liquidity of the business organization whether organization has enough cash or it can be borrowed for running its organization

Therefore, the Cash payments + cash receipts = cash requirements is wrong as other equations that are given are right

7 0
3 years ago
MC 1
STatiana [176]
Ensure reliable accounting. It’s kinda obvious because it’s DUMB!
6 0
3 years ago
1. Nhận định nào sau đây không chính xác:
Lisa [10]
Yuh going down omg shawty thinks she omg I’m shawty thinks she’s omg
Going down and it’s going down omg shawty thinks omg hey
4 0
3 years ago
Which of the following is NOT part of value-chain analysis? (a) product research (b) quality management (c) supply chain managem
andriy [413]

Answer:

c? , supply chain management

7 0
2 years ago
A company borrowed $15,000 by signing a 120-day promissory note at 10%. The total interest due on the maturity date is: (Use 360
topjm [15]

Answer: $500

Explanation:

Interest for the period = Amount borrowed * Interest rate * 120/360 days

= 15,000 * 10% * 120/360

= $500

7 0
3 years ago
Other questions:
  • "Which of the following statements are TRUE regarding the rights agent? I The rights agent usually handles the mechanics of a ri
    12·1 answer
  • Toyota will bring hybrid electric automobiles to market next year priced at ​$27 comma 000 ​(this includes a ​$6 comma 750 feder
    9·1 answer
  • Select the item that can be answered by using knowledge. 1. A transaction's order date, amount sold, and quantity ordered 2. Tak
    14·1 answer
  • Which one of the following is an example of systematic risk?
    8·1 answer
  • An organic farmer has identified three distinct groups that might be interested in his products: vegetarians, health-conscious i
    8·1 answer
  • Suppose Company A places an order with Company B on May 12. On May 14, Company B ships the ordered goods to Company A with terms
    5·1 answer
  • A vendor raises the cost of materials you planned to order, and the increased cost will put your project over budget. Which shou
    13·1 answer
  • Your boss would like your help on a marketing research project she is conducting on the relationship between the price of juice
    9·1 answer
  • Coronado Industries reported total manufacturing costs of $450000, manufacturing overhead totaling $68000, and direct materials
    7·1 answer
  • What does you credit score tell lenders about you
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!