The Recognition of Depletion Expense

question 135

Multiple Choice

The recognition of depletion expense

• A)decreases assets and equity and decreases cash flow from investing expenses under the direct approach.
• B)decreases cash flow from operating activities,and does not affect the amount of total assets.
• C)increases assets,equity,and cash flow from operating activities.
• D)decreases assets and equity,and does not affect cash flow.

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