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Use the following information to answer the given questio...

Use the following information to answer the given question:

SALES LEDGER CONTROL ACCOUNT

1986N1986NJan.1Balance b/d1,300Jan.1Balance b/d8631sales7,630bank6,555dishonoured cheques250discount345stopped cheques100returns130balance c/d92Purchases ledger360balance c/d1,8969,3729,372Feb.1balance b/d1,896Feb.1balance b/d92

The balance of the provision for depreciation account is shown in the

A.

Trial balance as a debit

B.

Trial balance as a credit

C.

Balance sheet as a fixed asset

D.

Balance sheet as a ling term liability

E.

Balance sheet as a current liability

Correct answer is E

No explanation has been provided for this answer.