Essay
What type of account is Accumulated depreciation and what is its normal balance?
A) Revenue and debit
B) Expense and debit
C) Contra asset and credit
D) Liability and credit
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q62: Below is the adjusted trial balance
Q63: Prepare an income statement for the
Q64: Hank's Tax Planning Service has the following
Q65: The accountant for Wilson Consulting Company failed
Q66: Chelsea Services Company pays its staff
Q68: On September 1,2011,Joy Company paid $4,000 in
Q69: Which of the following is a contra
Q70: A business hired a repairman to
Q71: Classic Artists' Services has hired a maintenance
Q72: Which of the following accounts would NOT