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  3. what term means "a rational allocation of cost ove

What term means "a rational allocation of cost over a period of time"? Group of...

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Question

Accounting

  1. What term means "a rational allocation of cost over a period of time"?

Group of answer choices

Supplies

Equipment

Payroll

Depreciation

2. As of December 31st, a company has assets of $2,500 and stockholders' equity of $1,000. What are the liabilities of the company?

Group of answer choices

$1,000

$3,500

$1,500

$2,000

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