Business, 06.06.2020 18:59 Lindsay882
At the end of the quarter, a company did an adjusting entry to record $5,000 of depreciation on the fleet of automobiles used by the sales force. Which of the following items would be increased by this depreciation adjusting entry? (check all that apply)
a. Cost of Goods Sold
b. Cash from Operations
c. Total Assets
d. Retained Earnings
e. Depreciation Expense
Answers: 3
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