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Assuming a Normal Balance, Which of the Following Is Correct

Question 25

Multiple Choice

Assuming a normal balance, which of the following is correct concerning the balance sheet columns of the work sheet?


A) Accumulated Depreciation is shown as a debit.
B) Accumulated Depreciation is shown as a credit.
C) Depreciation Expense is shown as a debit.
D) Depreciation Expense is shown as a credit.

Correct Answer:

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