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

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asked Feb 23, 2022 79.2k views

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Michele Piccolini · Answer 1 · 2022-02-28T09:23:35+0000

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.

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

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