Where Does Depreciation Expense Go On The Balance Sheet

Where Does Depreciation Expense Go On The Balance Sheet - Accumulated depreciation is recorded on the balance sheet as a contra asset account, offsetting the related asset account. Depreciation expense itself does not appear as a separate line item on the balance sheet. Instead, it affects the value of the asset.

Instead, it affects the value of the asset. Accumulated depreciation is recorded on the balance sheet as a contra asset account, offsetting the related asset account. Depreciation expense itself does not appear as a separate line item on the balance sheet.

Instead, it affects the value of the asset. Depreciation expense itself does not appear as a separate line item on the balance sheet. Accumulated depreciation is recorded on the balance sheet as a contra asset account, offsetting the related asset account.

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Where Does Depreciation Expense Go On A Balance Sheet LiveWell
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Depreciation Expense Itself Does Not Appear As A Separate Line Item On The Balance Sheet.

Accumulated depreciation is recorded on the balance sheet as a contra asset account, offsetting the related asset account. Instead, it affects the value of the asset.

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