Question

The depreciation of equipment will require an adjustment that results in?

A. Total assets decreasing and total expenses increasing.

B. Total assets and expenses decreasing

C. Total assets increasing and total expenses increasing

D. Total assets increasing and total expenses decreasing

Answer 1

Total assets decreasing and total expenses increasing.

Step-by-step explanation:

As the value of an asset is affected negatively by depreciation and depreciation is an expense