Depreciation Expense would be found on which of the following financial statements?
A) Balance Sheet
B) Income Statement
C) Statement of Owner's Equity
D) Worksheet

Question

Quizplus · Accepted Answer

Depreciation Expense is reported on the Income Statement as it reflects the cost allocated for the use of fixed assets over their useful life, impacting the company's net income.

Depreciation Expense Would Be Found on Which of the Following