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
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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
Depreciation Expense is an Expense Account.
Accumulated Depreciation is a Contra Asset Account.
You.. Its a..
A is the answer.
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