The Type of Account and Normal Balance of "Accumulated Depreciation

question 52

Multiple Choice

The type of account and normal balance of "Accumulated Depreciation, Equipment" is

• A) Asset, Credit.
• B) Contra-asset, Credit.
• C) Contra-asset, Debit.
• D) Liability, Credit.

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Definitions:

Inconvenience

A cause of trouble or difficulty that interrupts regular processes or causes discomfort, often minor but sometimes significant.

Justification

The process or reasons given to explain or defend an action, decision, or belief.

Main Request

The principal or most important petition or demand made by one party to another.

Attention-Getting

Designed to attract and hold interest or focus towards something specific.