menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 2
  4. Exam
    Exam 4: Completing the Accounting Cycle
  5. Question
    An Expired Asset Is Called A(n)
Solved

An Expired Asset Is Called A(n)

Question 106

Question 106

Multiple Choice

An expired asset is called a(n)


A) Revenue
B) Expense
C) Retained earning
D) Cost

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q101: In analyzing accounts to determine which adjusting

Q102: Mancheski and Sons Inc. reported net income

Q103: In the course of your examination of

Q104: When preparing its financial statements, a company

Q105: The purpose of financial statement analysis is

Q107: Scully Corporation purchased a three-year insurance policy

Q108: Which of the following statements about adjusting

Q109: The entry to close the expense accounts

Q110: On April 1, Ciaunna Company paid $48,000

Q111: Nona Corporation, a calendar-year company, had the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines