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

Payten Howe

3 May, 07:36

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.

+3

Answers (1)

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Dalia · 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.