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.

Question

Business

Crystal Ballard

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.

+2

Answers (1)

Know the Answer?

Lucia Wilcox · Answer 1

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

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.

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.