Which of the following accounts would appear on the balance sheet?
A) Accumulated Depreciation
B) Depreciation Expense
C) Fees Earned
D) None of these are correct.

Name: Which of the following accounts would appear on the balance sheet? A) Accumulated Depreciation B) Depreciation Expense C) Fees Earned D) None of these are correct.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

Accumulated Depreciation is a contra-asset account, which appears on the balance sheet as a deduction from the related asset account.

Which of the Following Accounts Would Appear on the Balance