An accumulated depreciation and depreciation expense are classified, respectively, as <u>expense, contra asset</u><u>.</u>
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<h3>What is a Depreciation expense?</h3>
This refers to the reduction in the cost of the fixed asset used in the business operations to generate profits as a result of wear and tear. It is a form of non-cash expense that is reported in the income statement. While the accumulated depreciation represents the cumulative depreciation expensed charged ever since the asset was put to use.
In conclusion, the accumulated depreciation account is a contra=asset account that is shown as a reduction from the gross fixed assets in the balance sheet.
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Explanation:
failure to communicate clearly
: failure to communicate clearly There was miscommunication between the reporter and her editors.
Miscommunication is a failure to get a message across or lack of clear communication. When you leave a message for someone and it doesn't get recorded properly, this is an example of a miscommunication.
Explanation:
The Columbian Exchange caused population growth in Europe by bringing new crops from the America's and started Europe's economic shift towards capitalism. Colonization disrupted ecosystems, bringing in new organisms like pigs, while completely eliminating others like beavers
