Accumulated amortization appears on the:
A)balance sheet debit column of a worksheet.
B)income statement credit column of a worksheet.
C)income statement debit column and balance sheet credit column of a worksheet.
D)adjusted trial balance credit column and balance sheet credit column of a worksheet.

Question

Quizplus · Accepted Answer

Accumulated amortization is a contra asset account that reduces the value of the asset it is associated with and appears on the balance sheet. It is credited when adjustments are made, so it appears in the adjusted trial balance credit column and the balance sheet credit column.

Accumulated Amortization Appears on The