The balance in the account Accumulated Depreciation, Equipment will a.) Be reported on the Balance Sheet...

The balance in the account Accumulated Depreciation, Equipment will

a.) Be reported on the Balance Sheet

b.) Not appear on any financial statement

c.) Be reported on the income statement

d.) Be reported on the statement of owners equity

Solutions

Expert Solution

Answer: Option ( A ) Be Reorted on the Balance sheet

Explanation:

Accumulated Depreciation, Equipment will be reported on the Balance sheet as Deducting from the Equipment value. So the value of equipment reduce after deducting the Accumulated Depreciation.

ekkarill92 answered 1 year ago

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