Question

Depreciation is what kind of expense of business?​

Answer 1

Answer:

Depreciation expense is reported on the income statement as any other normal business expense. If the asset is used for production, the expense is listed in the operating expenses area of the income statement. This amount reflects a portion of the acquisition cost of the asset for production purposes.

Answer 2

${\tt{\red{\underline{\underline{\huge{AnswEr}}}}}}$

Depreciation expense is reported on the income statement as any other normal business expense. If the asset is used for production, the expense is listed in the operating expenses area of the income statement. This amount reflects a portion of the acquisition cost of the asset for production purposes.

Answer 3

${\tt{\red{\underline{\underline{\huge{AnswEr}}}}}}$

Depreciation expense is reported on the income statement as any other normal business expense. If the asset is used for production, the expense is listed in the operating expenses area of the income statement. This amount reflects a portion of the acquisition cost of the asset for production purposes.

Answer 4

${\tt{\red{\underline{\underline{\huge{AnswEr}}}}}}$

Depreciation expense is reported on the income statement as any other normal business expense. If the asset is used for production, the expense is listed in the operating expenses area of the income statement. This amount reflects a portion of the acquisition cost of the asset for production purposes.