Depreciation Is a ______________ Allocation Process Rather Than a Process

question 171

Short Answer

Depreciation is a ______________ allocation process rather than a process of ______________.

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Definitions:

Posting

The process of recording financial transactions in the accounting books, such as a ledger or journal.

Source Documents

Original records that contain the details necessary to support the transactions entered in an accounting system, such as invoices, receipts, or contracts.