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    Business
  3. Study Set
    Accounting for Non Specialists
  4. Exam
    Exam 3: Measuring and Reporting Financial Performance
  5. Question
    What Type of Account Is Accumulated Depreciation
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What Type of Account Is Accumulated Depreciation

Question 1

Question 1

Multiple Choice

What type of account is accumulated depreciation?


A) A liability account.
B) An expense account.
C) A contra asset account.
D) An equity account.

Correct Answer:

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