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What is the normal balance of accumulated depreciation?
the normal balance of accumulated depreciation is "credit"
What does accumulated earnings mean?
The definition of accumulated earnings is the sum of the profits of a company after dividend payments since the inception of the company. Accumulated earnings are also called earned surplus, retained earnings, or retained capital.
What is the abbreviation for 'mortgage'?
the abbreviation is mtg
What are periodic payments of accumulated funds?
It's just what it sounds like. This would be a method of cancelling a policy and receiving the accumulated funds for a period of time instead of all at once.
Definition of contra assets?
Contra assets are asset accounts with creditbalances. (A credit balance in an asset account is contrary-or contra-to an asset account's usual debit balance.) Examples of contra asset accounts include: * Allowance for Doubtful Accounts * Accumulated Depreciation-Land Improvements * Accumulated Depreciation-Buildings * Accumulated Depreciation-Equipment * Accumulated Depletion * Etc. source: http://www.accountingcoach.com/online-accounting-course/05Xpg01.html -- amir
What is the abbreviation of accumulative?
The word accumulated means to have collected or obtained a big amount of something. The abbreviation for accumulated is accum.
How did Rome get power?
Rome accumulated power by conquest and treaty.Rome accumulated power by conquest and treaty.Rome accumulated power by conquest and treaty.Rome accumulated power by conquest and treaty.Rome accumulated power by conquest and treaty.Rome accumulated power by conquest and treaty.Rome accumulated power by conquest and treaty.Rome accumulated power by conquest and treaty.Rome accumulated power by conquest and treaty.
What is accumulated oci?
accumulated other comprehensive income
What is accumulated depreciation?
The accumulated deprecation is the all the depreciation amounts should be the accumulated depreciation.
What is the future tense of accumulated?
The future tense of 'accumulated' is 'will accumulate'.
What is the entry for accumulated depreciation?
Debit depreciation accountCredit accumulated depreciation
How would you use accumulated in a sentence?
day was accumulated by problems of my friends.
What is the normal balance of accumulated depreciation?
the normal balance of accumulated depreciation is "credit"
What is accumulated activity?
Accumulated means gathering together or an increasing number of or quantity.
How is accumulated interest calculated?
Accumulated or compound interest is calculated by adding interest to both the principal and any interest accumulated up to the point of the calculation.
What is the journal entry accumulated depreciation?
[Debit] Depreciation account [Credit] Accumulated depreciation
Does accumulated depreciation increase with a credit?
accumulated depreciation is an asset, so it will increase with a debit.
