Question

question 1 (3 points) on the worksheet, accumulated depreciation appears in the income statement columns. true false question 2 (3 points) on the worksheet, the beginning inventory account is found in the debit column of the balance sheet. true false

Explanation:

• For Question 1: Accumulated depreciation appears in the balance - sheet columns on the worksheet, not income statement columns.
• For Question 2: Beginning Inventory is an asset account, and asset accounts have debit balances and are found in the debit column of the balance - sheet on the worksheet.

Answer:

• Question 1: B. False
• Question 2: A. True