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What Type of Account Is Accumulated Depreciation

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What type of account is Accumulated Depreciation?


Definitions:

RTF

Rich Text Format, a file format used for the exchange of documents between different word processors and systems that supports various fonts, styles, and text formatting.

Plain Text

Simple text without any formatting, used in computing to ensure compatibility across different platforms and software.

Lookup Properties

Settings or attributes in a database field that define how a lookup field behaves, including the source of the lookup values and display options.

State

A condition or situation of a system or component at a specific point in time, often used in the context of software to describe its current operation or in models to indicate an object's status.

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