Accumulated Depreciation

question 84

Multiple Choice

Accumulated depreciation

• A)increases assets.
• B)decreases assets.
• C)increases liabilities.
• D)decreases liabilities.

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Definitions:

Voucher Checks

A type of check that includes details of the rationale for the check's issuance and the accounts to be charged.

Business Checks

Checks written from a business account, used to pay for goods, services, or other business-related expenses.

Disbursements

The payment of money from a fund or account, usually referring to the distribution of funds for specific purposes or expenses.

Cashier's Check

A check issued by a bank, drawn from its own funds and signed by a cashier or teller, guaranteeing payment to the payee.