Ask Question
16 January, 14:17

A company uses cash to pay all of the following excepta. All of these choices are correct. b. interest to creditorsc. dividends to stockholdersd. depreciation expense

+5
Answers (1)
  1. 16 January, 14:33
    0
    d. depreciation expense

    Explanation:

    The expenses which are paid by cash reduced the cash balance displayed in the balance sheet. Like interest to creditors, stockholders dividend, wages expenses, miscellaneous expenses, admin expenses, etc. These expenses can be paid either by cash or by bank account.

    But the depreciation expense is a non - cash expense which reduces the fixed asset balance over the fixed asset useful life. Plus this is shown in the income statement on the debit side. Like this other examples would be goodwill impairment, amortization expenses, etc.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A company uses cash to pay all of the following excepta. All of these choices are correct. b. interest to creditorsc. dividends to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers