4. Which of the following accounts would appear in the balance sheet credit column? Owner, Withdrawals Accumulated Depreciation Service Revenue Prepaid Insurance

Accumulated Depreciation is a contra asset account that reduces the total value of fixed assets on the balance sheet. It accumulates over time as an indication of how much of the asset's value has been used up, helping to provide a clearer picture of the company's financial standing. Service Revenue, on the other hand, represents income earned from providing services and typically appears in the income statement. However, it can also be reflected in the balance sheet in the equity section as it contributes to retained earnings, showcasing the company's profitability over time.