1.) Which of the following is not subject to depreciation? a. equipment b. building c....

80.2K

Verified Solution

Question

Accounting

1.) Which of the following is not subject to depreciation? a. equipment

b. building

c. machinery

d. land 2.) Which of the following statements is true about a proper journal entry? a. the posting reference column is left blank until entries are posted

b. a line is skipped between each debit and each credit

c. decreases in liabilities are indented

d. assets are entered before liabilities

Answer the following and explain!

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students