Harvard Financial Services purchased computers that are to be used in its consultancy services. Based on the matching principle, what account, other than Computers, should appear on the balance sheet as of December 31, 2016a. Depreciation Expense b. Service Revenue c. Accumulated Depreciation d. Equipment Expense

c. Accumulated Depreciation

Explanation:

The balance sheet is used to show the balance of the assets, liabilities and owners equity at a given period.

When a fixed asset is purchased, it is recognized at cost. As it is used, it is depreciated by debiting the depreciation expense in the income statement and crediting the accumulated depreciation in the balance sheet.

Hence the account other than Computers, that should appear on the balance sheet as of December 31, 2016 is  Accumulated Depreciation

b is the correct answer

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;