As accumulated depreciation is recorded, the net book value:

A) increases.
B) decreases.
C) remains the same.
D) equals zero.

Question

As accumulated depreciation is recorded, the net book value:A)  increases.B)  decreases.C)  remains the same.D)  equals zero.

Brooke Rusak · Accepted Answer

Final Answer : B, Explanation :  Accumulated depreciation is the total amount of depreciation expense that has been recorded for an asset since it was put into use. As accumulated depreciation increases, the net book value (original cost minus accumulated depreciation) of the asset decreases.

As accumulated depreciation is recorded, the net book value:

A) increases.
B) decreases.
C) remains the same.
D) equals zero.

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