How is depreciation expense reported in the financial statements?
A)Long-term liabilities section of the statement of stockholder's equity
B)Financing activities section of the statement of cash flows
C)Current assets section of the balance sheet
D)Operating expenses section of the income statement

Question

Quizplus · Accepted Answer

Generally,depreciation expense is reported as an operating expense on the income statement.

How Is Depreciation Expense Reported in the Financial Statements