ACC101_-_SP_2024_-_RE_1738.webp
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ACC101_-_SP_2024_-_RE_1738.webp

(Choose 1 answer)
(2355)Which statement is true:
A. Depreciation Expense is shown on the income statement in order to achieve accounting's matching principle.
B. Depreciation Expense is shown on the balance sheet in order to achieve accounting's matching principle.
C. Depreciation Expense is shown on the income statement
D. Depreciation Expense is shown on the balance sheet
E. None of these
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