Ask Question
10 September, 18:45

Securitas Financial Services purchased several new computers and laser printers for office use. These items would be correctly classified as accessory equipment. T/F

+3
Answers (1)
  1. 10 September, 20:07
    0
    TRUE

    Explanation:

    On a balance sheet, a company's accounts are classified as assets and liabilities. In assets, all assets of the company are classified, while in liabilities are classified the obligations that the firm has to pay, the outflows. Physical assets are classified as fixed assets. This classification includes all tangible assets such as printers, computers and equipment. These assets are subject to depreciation and annually their amounts are adjusted according to the depreciation rate. Therefore, the answer is correct.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Securitas Financial Services purchased several new computers and laser printers for office use. These items would be correctly classified ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers