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    Survey of Accounting Study Set 7
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    Exam 3: Basic Accounting Systems: Accrual Basis
  5. Question
    Accumulated Depreciation Is A(n)
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Accumulated Depreciation Is A(n)

Question 5

Question 5

Multiple Choice

Accumulated depreciation is a(n) :


A) contra asset.
B) contingent asset.
C) revenue expenditure.
D) accrued expense.

Correct Answer:

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