Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what type of account is "accumulated depreciation"

What type of account is "Accumulated Depreciation"? a) Expense b) Contra...

80.2K

Verified Solution

Question

Accounting

What type of account is "Accumulated Depreciation"?
a) Expense
b) Contra asset
c) Liability
d) Revenue

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The ages of commercial aircraft are normally distributed with a mean of 13.5 years and a...

Basic Math
Q

I have type O blood. My dad has type O blood. My mother has type A...

Biology
Q

Electromagnetic Waves: Design single stub matching network for the transmission line of Zo = 50 ohms terminated...

Electrical Engineering
Q

3.*       Public transportation and the automobile are two methods an employee can use to get to work...

Basic Math
Q

6 The movement of blood from the legs toward the heart is hindered by gravity...

Biology
Q

An electric field applied along the length of a long cylinder produces a polarization P...

Physics
Q

Marie works for an Instagram account selling ads She receives 3 for selling the first...

Algebra
Q

Nation Sporting Goods started April with an inventory of 8 sets of golf...

Accounting
Q

CORECT OF CUTTECT TO THE WO YOU ve compromeso Trit does not indicate completion. Reli...

Accounting
Q

Current Attempt in Progress Bonita Merchandise planned to produce 41,700 fleece jackets in its...

Accounting
Q

On July 1,20Y1, Livingston Corporation, a wholesaler of manufacturing equipment, issued $3,500,000 of 9-year, 9%...

Accounting
Q

Question 3 5 pts Bill has $100,000 invested in a 2-stock portfolio. $25,000 is invested...

Finance