Which of the Following Accurately Describes the Account Type and the Normal

question 112

Multiple Choice

Which of the following accurately describes the account type and the normal balance of the Accumulated Depreciation account?

• A)Expense account, debit balance
• B)Liability account, credit balance
• C)Contra- asset account, credit balance
• D)Contra- expense account, credit balance

Know the compensation range for experienced paralegals.

Distinguish between the terms paralegal, legal assistant, and other related titles.

Recognize professional organizations associated with paralegals and their concerns.

Identify the range of tasks and responsibilities of paralegals.