I ezto.mheducat chegysturd . Yahoo Sevxy L Unit 4Chapter 4 Selfax x: Connect ACC

Question

I ezto.mheducat chegysturd . Yahoo Sevxy L Unit 4Chapter 4 Selfax x: Connect ACCOUNTING Chapter 4 Self Quiz «Review: Ouesson 6 (of 16) | Score This auestion 0.00 points How does the adjustment for depreciation differ from other deferral adjustments O The depreciation adjustment results in an increase to a long-lived asset account while the other deferral adjustments reduc uses a contra-asset account rather than reducing the asset accounts directly The depreciation ojustment ncreases a liablity account rather nan reducing sn sset nocount directly O The depreciation odjustment is not a deferal odjustment, but rather an accrual adjustment References Multiple Cholce Dfficulty 1Easy Leaming Oijective 04 02 Prepere ac O Ask me anything

Explanation / Answer

Depreciation adjustment uses the contra asset account called accumulated depreciation account rather than reducing the asset directly , so that makes the depreciation adjustment different from the deffereal adjustments ,

Whereas other deferrals payment reduces the asset accounts directly

So the correct answer is B

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