Depreciation Expense and Accumulated Depreciation are classified,respectively, as:

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kekebrown

Sep 14, 2008, 07:29 PM

Depreciation Expense and Accumulated Depreciation are classified,respectively, as:

a. expense, contra asset
b. asset, contra liability
c. revenues, asset
d. contra assest, expense

I think it is A

pready

Oct 22, 2008, 05:49 PM

Depreciation Expense is an Expense Account.
Accumulated Depreciation is a Contra Asset Account.

muslimrao

Oct 28, 2008, 12:13 PM

ya.. Its a ..!