On the balance sheet net fixed assets represent
A. gross fixed assets at cost minus depreciation expense.
B. gross fixed assets at market value minus depreciation expense.
C. gross fixed assets at cost minus accumulated depreciation.
D. gross fixed assets at market value minus accumulated deprecation.
Answer:C
On the balance sheet net fixed assets represent
A. gross fixed assets at cost minus depreciation expense. B. gross fixed assets at market value minus depreciation expense. C. gross fixed assets at cost minus accumulated depreciation. D. gross fixed assets at market value minus accumulated deprecation.