The depreciation of equipment will require an adjustment that results in?

A. Total assets decreasing and total expenses increasing.

B. Total assets and expenses decreasing

C. Total assets increasing and total expenses increasing

D. Total assets increasing and total expenses decreasing

Question

Kathryn Shea

Business

27 September, 14:11

The depreciation of equipment will require an adjustment that results in?

A. Total assets decreasing and total expenses increasing.

B. Total assets and expenses decreasing

C. Total assets increasing and total expenses increasing

D. Total assets increasing and total expenses decreasing

+3

Answers (1)

Know the Answer?

Elisha Giles · Answer 1

Total assets decreasing and total expenses increasing.

Explanation:

As the value of an asset is affected negatively by depreciation and depreciation is an expense

The depreciation of equipment will require an adjustment that results in?A. Total assets decreasing and total expenses increasing.B. Total assets and expenses decreasingC. Total assets increasing and total expenses increasingD. Total assets increasing and total expenses decreasing

The depreciation of equipment will require an adjustment that results in?

A. Total assets decreasing and total expenses increasing.

B. Total assets and expenses decreasing

C. Total assets increasing and total expenses increasing

D. Total assets increasing and total expenses decreasing