Examlex
Of the following, what occurred in the 2020 election?
Depreciation Expense
The portion of the cost of a fixed asset deducted from revenue of the period, reflecting the use and wear and tear of the asset.
Cash Dividends
A rephrase: A form of profit-sharing where a corporation distributes a portion of its earnings to shareholders in the form of cash.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset over its life up to a specific date.
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