Which of the following is the normal balance of an accumulated depreciation account?

Debit balance
Credit balance
Nil balance

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Answer: Option 2

Credit balance is the normal balance of an accumulated depreciation account. Accumulated depreciation has a credit balance, because it aggregates the amount of depreciation expense charged against a fixed asset.

4 views Answered 2022-09-01 13:21

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