Depreciation Is Defined as the

question 86

Multiple Choice

Depreciation is defined as the

• A) decrease in the stock of capital due to investment by firms.
• B) increase in the stock of capital due to investment by firms.
• C) decrease in the stock of capital due to wear and tear.
• D) increase in the stock of capital due to wear and tear.

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Definitions:

Owner's Capital Account

An equity account that represents the amount of money that the owner has invested in the business plus any profits or minus any losses.