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    17jorge17's Avatar
    17jorge17 Posts: 1, Reputation: 1
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    #1

    May 5, 2012, 04:40 PM
    Depreciation Expense is reported on the balance sheet as an addition to the related a
    Depreciation Expense is reported on the balance sheet as an addition to the related asset.
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    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    May 5, 2012, 05:15 PM
    Expenses are reported on the Income Statement.

    Accumulated Depreciation is reported on the balance sheet and it is a contra asset account.
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