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    Accounting Study Set 2
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    Exam 14: Non-Current Assets: Acquisition and Depreciation
  5. Question
    Depreciation Is Classified as A(n)
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Depreciation Is Classified as A(n)

Question 37

Question 37

Multiple Choice

Depreciation is classified as a(n) :


A) expense in the income statement.
B) liability in the balance sheet.
C) contra asset in the balance sheet.
D) contra expense in the income statement.

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