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True or false: a contra-asset account, such as accumulated depreciation, will have a normal debit balance.

Sagot :

This problem is false statement. as contra-asset account, such as accumulated depreciation, will have a normal debit balance

What is accumulated depreciation?

Any collection of activities and procedures utilized during the manufacture of any items constitutes a manufacturing system. Businesses have evolved a number of diverse systems and procedures over time, but they have grown in significance as a component of any production environment.

Therefore,

This problem is false statement.

To learn more about accumulated depreciation from the given link:

https://brainly.com/question/1287985

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