Assuming a Normal Balance, Which of the Following Is Correct

question 25

Multiple Choice

Assuming a normal balance, which of the following is correct concerning the balance sheet columns of the work sheet?

• A) Accumulated Depreciation is shown as a debit.
• B) Accumulated Depreciation is shown as a credit.
• C) Depreciation Expense is shown as a debit.
• D) Depreciation Expense is shown as a credit.

---

Definitions:

Predatory Pricing

The practice in which a company prices one product below normal cost until competitors are eliminated and then it sharply increases the price.

Spirit Airlines

A low-cost carrier in the United States known for offering budget-friendly air travel options.

Northwest Airlines

A major airline based in the United States that operated until it merged with Delta Airlines in 2010.

Per Se Violations

In law, actions or situations that are inherently illegal and do not require further proof of illegality or intent to enforce penalties.