Adjusting Entries: Depreciation Video Lessons

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Problem: The type of account and normal balance of accumulated depreciation is: A) contra equity; debit B) contra asset; credit C) equity; credit D) liability; credit

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Problem Details

The type of account and normal balance of accumulated depreciation is:

A) contra equity; debit

B) contra asset; credit

C) equity; credit

D) liability; credit

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