The accumulated depletion account is a. an expense account b. reported on the income statement as other
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Question:
The accumulated depletion account is
a. an expense account
b. reported on the income statement as other expense
c. an intangible asset account
d. reported on the balance sheet as a deduction from the cost of the mineral deposit
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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