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    Financial Accounting Study Set 1
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    Exam 9: Long-Lived Tangible and Intangible Assets
  5. Question
    Accumulated Depreciation
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Accumulated Depreciation

Question 20

Question 20

Multiple Choice

Accumulated Depreciation:


A) appears in the asset section of a balance sheet.
B) appears on the income statement.
C) is a liability on the balance sheet.
D) is a contra-stockholders' equity item.

Correct Answer:

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