On a worksheet,the adjusted balance of the Depreciation Expense account is extended to:
A) the Income Statement Debit column.
B) the Income Statement Credit column.
C) the Balance Sheet Debit column.
D) the Balance Sheet Credit column.

Question

Quizplus · Accepted Answer

Depreciation Expense is an expense account and is extended to the Income Statement Debit column as it reduces net income.

On a Worksheet,the Adjusted Balance of the Depreciation Expense Account