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15 June, 05:15

Budgeted depreciation expense would not appear on a:

a. Selling and administrative expense budget.

b. Budgeted income statement.

c. Cash budget.

d. All of these answers are correct.

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Answers (1)
  1. 15 June, 07:30
    0
    c. Cash budget.

    Explanation:

    Depreciation: Depreciation is an expense indicating a reduction in the value of fixed assets due to tear and wear, obsolescence, usage, time period, etc. That is shown on the income statement's debit side.

    It is a non-cash element that has no effect on the cash balance i. e cash budget and cash flow statement.

    Moreover, it shows under the selling and administrative expense budget also
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