Which of the Following Properly Describes Accumulated Depreciation

question 161

Multiple Choice

Which of the following properly describes accumulated depreciation?

• A) Accumulated depreciation is a contra liability account.
• B) Accumulated depreciation is an expense account.
• C) Accumulated depreciation is a contra equity account.
• D) Accumulated depreciation is a contra asset account.

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Definitions:

Morphemes

The tiniest units of grammar within a language that bear semantic value.

Semantics

The branch of linguistics concerned with the meaning of words and the ways in which language conveys meaning.

Linguistic Universals

Fundamental principles or characteristics shared by all languages.

Deep Structure

In linguistics, refers to the underlying syntactic structure of a sentence that conveys its semantic meaning.