Which one of the following does not constitute probable relationships between accounts?
A)Equipment and depreciation.
B)Patent and amortization.
C)Assets under capital leases and amortization.
D)Oil reserves and depreciation.

Question

Quizplus · Accepted Answer

Oil reserves are not subject to depreciation since they are classified as a non-depleting asset. Instead, they are subject to depletion. Therefore, there is not a probable relationship between oil reserves and depreciation.

Which One of the Following Does Not Constitute Probable Relationships