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...

70.2K

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

could you explain the differences and the similarities between undetermined coefficients method and annihilator method? also, could...

Advance Math
Q

What is true about the anterior pituitary gland? A. there are different types of endocrine cells...

Medical Sciences
Q

Here is a web site that talks about how much carbon dioxide is created when a...

Physics
Q

14 AKS 8a A An from a single cell A clone B transgenic organism C...

Biology
Q

1 What is pH and the pH scale Identify the difference between an acid and...

Biology
Q

Directions Indicate whether the statement is true or false 1 1 point a is equal...

Basic Math
Q

Solve and check the following linear equation.21-13+9y-3(y+3)]=-2(2y-7)-[(y-1)-2y+11]What is the solution? Select the correct choice below...

Basic Math
Q

A scientific study on lift strength gives the following data table Lift strength Tons 46...

Statistics
Q

Determine if the upper bound theorem identifies 4 as an upper bound for the real...

Algebra
Q

On October 2, 2020, Riverbed Company sold $6,520...

Accounting
Q

E-F:11-22 Accounting for warranties, vacation, and bonuses Learning Objecti Estes Industries completed the...

Accounting
Q

PLEASE ANSWER IN EXCEL/EXCEL FORMAT Consider the following probability distribution for stocks A, B, and...

Finance