(A) inventories
(B) expenses
(C) sales
(D) purchases

(A) inventories
(B) expenses
(C) income
(D) debt

(A) liabilities
(B) expenses
(C) fixed assets
(D) current assets

(A) $75,000
(B) $60,000
(C) $30,000
(D) $15,000

(A) payable
(B) receivable
(C) expenses
(D) advances

(A) depreciation
(B) substance over form
(C) residual value
(D) net book value

(A) residual value
(B) net book value
(C) depreciation
(D) substance over form

(A) $50,000
(B) $250,000
(C) $300,000
(D) $350,000

(A) Purchase of property
(B) Purchase of office equipment
(C) Replacement of a vehicle,
(D) Repair of a vehicle

(A) Amortization
(B) Depletion
(C) Going Concern
(D) Residual Value