Contra Accounts Examples & How They Work
Accumulated depreciation is a contra asset account used to record the amount of depreciation to date on a fixed asset. Examples of fixed assets include buildings, machinery, http://24b.ru/view.phtml?id=10363 office equipment, furniture, vehicles, etc. The accumulated depreciation account appears on the balance sheet and reduces the gross amount of fixed assets. Related AccountingTools Courses Home Depot […]