Business
Business, 14.11.2019 22:31, jholland03

Efg transportation company uses straight-line depreciation to depreciate its delivery truck. which of the following reflects how recognizing depreciation expense would affect efg’s financial statements?
assets = liab. + equity rev. − exp. = net inc. cash flow
a. +/− = na + na na − na = na na
b. +/− = na + na na − + = − − oa
c. − = na + − na − + = − na
d. + = + + na na − na = na − oa

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Answers: 2

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