Which of the Following Describes the Effect of Recording Depreciation

question 44

Multiple Choice

Which of the following describes the effect of recording depreciation expense at year-end?

• A)Net income decreases and total assets decrease.
• B)Total assets decrease and stockholders' equity is not affected.
• C)Net income decreases and total assets increase.
• D)Stockholders' equity is not affected and net income decreases.

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Definitions:

Unique Operator

A theoretical concept or specific operator in programming that performs a distinct operation not duplicated by any other operator.

Operand

An object manipulated by an operator in a mathematical expression or procedure.

Java

Java is a popular, high-level programming language known for its portability across platforms, developed by Sun Microsystems in 1995.

Initializes

Initializes refers to the process of assigning an initial value to a variable or preparing a newly created object for use.