An Accumulated Depreciation Account Is Often Referred to as A(n)____________________

question 64

Essay

An accumulated depreciation account is often referred to as a(n)____________________ asset account.

---

Definitions:

Primary Market

The financial market where new securities are issued and sold for the first time, typically directly by the issuer to investors.

Secondary Market

A financial market where previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.

Interest

The cost of borrowing money, often expressed as a percentage rate over a period of time, or the income earned from lending money.

Dividends

Money disbursed by a business to its members, principally originating from the enterprise's earnings.