Author Question: Which assets are depreciated? A) intangible assets B) natural resources C) property, plant and ... (Read 124 times)

B · **on:** Jul 5, 2018

Which assets are depreciated?

A) intangible assets
B) natural resources
C) property, plant and equipment, except for land
D) long-term investments in marketable stocks and bonds

Question 2

After the posting of the accounts receivable ledger and the general ledger is completed, the total of the accounts receivable ledger balances should equal the Accounts Receivable balance in the general ledger.
a. True
b. False
Indicate whether the statement is true or false