Where Does Depreciation Expense Go On The Balance Sheet

Where Does Depreciation Expense Go On The Balance Sheet - Depreciation expense itself does not appear as a separate line item on the balance sheet. Instead, it affects the value of the asset. Accumulated depreciation is recorded on the balance sheet as a contra asset account, offsetting the related asset account.

Instead, it affects the value of the asset. Depreciation expense itself does not appear as a separate line item on the balance sheet. Accumulated depreciation is recorded on the balance sheet as a contra asset account, offsetting the related asset account.

Accumulated depreciation is recorded on the balance sheet as a contra asset account, offsetting the related asset account. Depreciation expense itself does not appear as a separate line item on the balance sheet. Instead, it affects the value of the asset.

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Depreciation Expense Itself Does Not Appear As A Separate Line Item On The Balance Sheet.

Accumulated depreciation is recorded on the balance sheet as a contra asset account, offsetting the related asset account. Instead, it affects the value of the asset.

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