Solved

The Accumulated Depreciation Account

Question 64

Multiple Choice

The Accumulated Depreciation account:


A) is another term for depreciation expense.
B) represents the original cost of a plant asset.
C) is a contra asset account.
D) has a normal balance which is the same as its companion account.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions