Accumulated Depreciation is an example of a(n)
A) expense account.
B) adjunct account.
C) control account.
D) contra account.

Name: Accumulated Depreciation is an example of a(n) A) expense account. B) adjunct account. C) control account. D) contra account.
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Question

Quizplus · Accepted Answer

Accumulated Depreciation is a contra-account to the asset account, representing the total amount of depreciation expense taken on a specific asset over its lifetime.

Accumulated Depreciation Is an Example of A(n)