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Depreciation is recorded on the income statement as _____.
A. a revenue that reduces net income
B. an expense that reduces net income
C. a revenue that increases net income
D. an expense that increases net income

Respuesta :

ayfat23

It should be noted that depreciation is recorded on the income statement as a revenue that reduces net income.

What is depreciation?

Depreciation  can be regarded as  the diminution in the utility as well as the value that is been associated to an  asset.

These fixed assets could be;

  • buildings
  • furniture
  • office equipment
  • machinery

Therefore, option A is correct because depreciation is recorded on the income statement.

Learn more about depreciation at;

https://brainly.com/question/25791968

Answer: Depreciation is an expense that decreases net income.

Explanation: Depreciation is an expense — that’s the whole point of it, it’s taking out your cost for a large expense that you use for multiple years over the lifetime of that asset, rather than all in one year. So it’s always an expense.

Any expense decreases your net income.

QED.

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