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    jshifflett's Avatar
    jshifflett Posts: 4, Reputation: 1
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    #1

    Sep 29, 2010, 10:35 PM
    Is accumulated depreciation an other asset or a liability?
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    markjrivera Posts: 9, Reputation: -1
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    #2

    Sep 30, 2010, 02:46 AM

    It's a Contra-Asset account, and presented in the non-current asset part of statement of financial position as a deduction to a certain property, plant, or equipment.
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