Accumulated Depreciation is increased with a:
a. Debit
b. Credit
c. Both debit and credit
d. Neither debit nor credit
Answer : b. Credit
Business
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In which account are post-dated checks received classified?
a. Receivables. b. Prepaid expenses. c. Cash. d. Payables.
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According to Commission Position 24 on the Preparation of Market Analysis and Evaluation for Loans the following text must appear on every licensee's estimates of value. "NOTICE: The preparer of this appraisal is not registered, licensed or certified as a real estate appraiser by the State of Colorado".
a. true b. false
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