JAMB Accounting 2023 Objective — Question 7

Question 7 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2023 Objective paper, with the correct answer and a full explanation.

Accumulated depreciation appears at the ___ of a trial balance.

A. Both Debit and Credit balance
B. Credit Side balanceCorrect
C. Debit side balance
D. None of the above

Explanation

Accumulated depreciation will appear in the credit side of the trial balance against its asset on the debit side.

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