Question: Question 21 puestion 21 Which statement is correct about the Accumulated Depreciation account: A It is a contra asset account and its normal balance is
Question 21 puestion 21 Which statement is correct about the Accumulated Depreciation account: A It is a contra asset account and its normal balance is a debit OB.It is an asset account that is used to keep track of the book value of property, plant and equipment. It is a contra asset account with a credit balance that is paired with an asset account and it holds the s C. recorded to date on a plant asset. Op. It is an asset account and its normal balance is a credit
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