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How trial balance shows the accumulated depreciation?

A. as a debit item

B. as a credit item

C. It doesn't show

D. None of the above

Answer: Option B

Solution(By Examveda Team)

Trial balance shows the accumulated depreciation as a credit item. Accumulated depreciation has a credit balance, because it aggregates the amount of depreciation expense charged against a fixed asset.

This Question Belongs to Commerce >> Accounting

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