The Change in Accumulated Amortization Should Always Be Equal to the Amortization

question 18

True/False

The change in accumulated amortization should always be equal to the amortization expense charged in the income statement.

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Definitions:

Californios

Descendants of Spanish and Mexican settlers in the California region, especially before and right after it became part of the United States.

Fort Sumter

First battle of the Civil War, in which the federal fort in Charleston (South Carolina) Harbor was captured by the Confederates on April 14, 1861, after two days of shelling.

Confederate Forces

Military units, soldiers, and personnel that fought for the Confederacy during the American Civil War, primarily representing the southern states that seceded from the Union.

Confederate States

Refers to the 11 southern states that seceded from the United States from 1860—1861, forming the Confederacy during the American Civil War, primarily over the issue of slavery.