What Is the Adjusted Balance in the Accumulated Depreciation Account

question 108

Multiple Choice

What is the adjusted balance in the Accumulated Depreciation account at the end of 2012?

• A) $3,200
• B) $4,800
• C) $9,600.
• D) $12,800.

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Definitions:

Profitability

The capability of a business to generate earnings greater than its expenses over a specific period, resulting in a profit.

Liabilities To Stockholders' Equity

Liabilities to Stockholders' Equity ratio indicates the financial leverage of a company, comparing the total liabilities to the total stockholders' equity to assess financial health.

Profitability

A measure of how much profit a business generates compared to its size, sales, or assets.

Debt

Debt is an amount of money borrowed by one party from another, which is expected to be paid back with interest.