问题如下:
Which of the following is most likely classified as contra asset account?
选项:
A. sales returns
B. depreciation expense
C. accumulated depreciation
解释:
C is correct. A contra asset account is expected to have a credit on a related asset account. Depreciation expense and sales return are related to the accounts in income statement. Only accumulated depreciation is related to a long-lived asset.
能否帮我区分一下,depreciation expense和cumulative depreciation的概念?