What are depreciation and amortization - SS1 Accounting Adjustments In Profit And Loss Account Question
What are depreciation and amortization?
A
Adjustments made to recognize revenue or expenses that have already been recorded
B
Adjustments made to recognize revenue or expenses that have not been recorded yet
C
Adjustments made to allocate the cost of assets over their useful lives
D
Adjustments made to recognize changes in the value of inventory
correct option: c
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