An accumulated depreciation and depreciation expense are classified, respectively, as <u>expense, contra asset</u><u>.</u>
<u />
<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.
Read more about depreciation
brainly.com/question/25785586
#SPJ4
<span>Kabuki theater was enjoyed by the Middle class in Japanese society.
During the prime age of Kabuki theater, there was a really huge difference between the nobles, middle class, and the peasants in term of economic power.
The middle class could barely heave enough rice to sustain their living, let alone having enough money to pay for the theather.</span>
Answer:
he can understand through practicing
The reason for Jared's decision is that money is tight with him. He needs to go to the other restaurant because the food is less expensive and he gets the same meal. It's a win-win situation for him.
The correct answer is letter B
Explanation: In this sense, the best answer is the letter B, because when looking for a new space for production and for the company, the most normal is to increase the workforce, as it is a way to increase the company's earnings so that this new place can get paid.