Robert Rogers,CPA Owns a Computer Used for the Company's Business

question 115

Multiple Choice

Robert Rogers,CPA owns a computer used for the company's business.The matching principle would require that which of the following accounts appear on the income statement for the year ended December 31?

• A) Depreciation expense
• B) Service revenue
• C) Accumulated depreciation
• D) Equipment expense

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Definitions:

Outlining

The process of structuring the main ideas and supporting details of a piece of writing or presentation.

Complex Message

A communication that involves multiple layers of meaning, requiring careful interpretation and understanding.

Emphatic Positions

Strongly expressed stances or opinions held with confidence and conviction, often intended to persuade or influence others.

Inductive Approach

A method of reasoning that involves drawing generalizations based on observations, starting from specific instances and moving towards broader principles.