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
Tourism
Explanation:
Tourism made a lot of money in the industry ages.
To prevent this difficulty from recurring, the framers provided a method for amending the Constitution that required a two-thirds majority in both houses of Congress and in three-quarters of state legislatures to approve a change.
Answer:
a way for the elite to exert control focusing on punishment of the powerful
Explanation:
The conflict theorist hold the belief that social interaction is on the basis of conflict due to competition for the limited resources. It further believes that in this state of conflict, social order can only be maintained by the domination and power by a group over another. The criminal justice system is a tool designed by the elites to maintain their power and and domination focusing on punishment
Answer:
A the young college.......