The write-off of the cost of plant and equipment is called a.amortization. b.depletion. c.depreciation. d.deterioration
The write-off of the cost of plant and equipment is called a.amortization. b.depletion. c.depreciation. d.deterioration
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter19: Accounting For Plant Assets, Depreciation, And Intangible Assets
Section19.2: Calculating Depreciation Expense
Problem 2AYU
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The write-off of the cost of plant and equipment is called
a.amortization.
b.depletion.
c.depreciation.
d.deterioration
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