Question: Answer 1 and 2 vide an appropriate response. 1) Buildings, machinery, equipment, and other items purchased for the operation of a business are part of

Answer 1 and 2 Answer 1 and 2 vide an appropriate response. 1) Buildings, machinery, equipment,

vide an appropriate response. 1) Buildings, machinery, equipment, and other items purchased for the operation of a business are part of the assets of that business. A) True B) False 2) The amount an asset decreases in value from its original cost is called its depreciation. A) True B) False

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