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Where is the account accumulated depreciation on equipment found on the financial statements?
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Where is the account accumulated depreciation on equipment found on the financial statements?

User Mad Fish
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7 votes

Answer:

The Balance Sheet

Step-by-step explanation:

The accumulated depreciation lies right underneath the "property, plant and equipment" account in a statement of financial position, also known as a balance sheet or report on financial condition.

User Michele Piccolini
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