True or false ________ 13. The proceeds from the sale of a fixed assets would be credited to sales accounts ________ 14, The straight line method is the allocation of depreciation where the amount of depreciation is reduced form year to year ________ 15. Replacement method is a method of calculating depreciation.
True or false ________ 13. The proceeds from the sale of a fixed assets would be credited to sales accounts ________ 14, The straight line method is the allocation of depreciation where the amount of depreciation is reduced form year to year ________ 15. Replacement method is a method of calculating depreciation.
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter7: Fixed Assets, Natural Resources, And Intangible Assets
Section: Chapter Questions
Problem 7.2.2MBA
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True or false
________ 13. The proceeds from the sale of a fixed assets would be credited to sales accounts
________ 14, The straight line method is the allocation of depreciation where the amount of depreciation is reduced form year to year
________ 15. Replacement method is a method of calculating depreciation.
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