Which of the following accounts would not be reported in the property, plant, and equipment section of a balance sheet?
A) Accumulated depreciation--buildings
B) Buildings
C) Depreciation Expense--buildings
D) Land

Name: Which of the following accounts would not be reported in the property, plant, and equipment section of a balance sheet? A) Accumulated depreciation--buildings B) Buildings C) Depreciation Expense--buildings D) Land
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Question

Quizplus · Accepted Answer

Depreciation Expense is an expense account and not an asset account.

Which of the Following Accounts Would Not Be Reported in the Property