If the Adjusting Entry for Depreciation Is Not Made

question 45

Multiple Choice

If the adjusting entry for depreciation is not made,

• A) assets will be understated.
• B) equity will be understated.
• C) net income will be understated.
• D) expenses will be understated.

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Definitions:

Lacrimal

Relating to the tears or the tear system, including glands and ducts involved in tear production and removal.

Tailbone

The terminal end of the vertebral column in humans and certain other creatures, formally known as the coccyx.

Coccyx

The small tailbone at the lower end of the vertebral column, comprising three to five fused vertebrae.

Lumbar

Referring to the lower part of the spine or the lower back region.