题目内容

The difference between the cost of an asset and the accumulated depreciation for that asset is called ()

A. Depreciation Expense.
B. Unearned Depreciation.
C. Prepaid Depreciation.
D. Book Value.

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External users of accounting information include lenders, shareholders, brokers and managers.

Equity is the owner’s claim on assets, and is also called net assets or residual equity.

Bookkeeping is the recording of transactions and events and is only part of accounting.

Accounts are normally increased by debits.

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