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Pine Corporation Makes Adjusting Entries Monthly

Question 10

Multiple Choice

Pine Corporation makes adjusting entries monthly. Property, Plant, and Equipment depreciates at a rate of $9,000 per month. No entry for depreciation has been recorded in the month of March. What adjusting entry is necessary at March 31?


A) Pine Corporation makes adjusting entries monthly. Property, Plant, and Equipment depreciates at a rate of $9,000 per month. No entry for depreciation has been recorded in the month of March. What adjusting entry is necessary at March 31? A) B) C) D) Depreciation Expense 9,000 Property, Plant & Equipment 9,000
B) Pine Corporation makes adjusting entries monthly. Property, Plant, and Equipment depreciates at a rate of $9,000 per month. No entry for depreciation has been recorded in the month of March. What adjusting entry is necessary at March 31? A) B) C) D) Depreciation Expense 9,000 Property, Plant & Equipment 9,000
C)
Pine Corporation makes adjusting entries monthly. Property, Plant, and Equipment depreciates at a rate of $9,000 per month. No entry for depreciation has been recorded in the month of March. What adjusting entry is necessary at March 31? A) B) C) D) Depreciation Expense 9,000 Property, Plant & Equipment 9,000
D)
Depreciation Expense 9,000
Property, Plant & Equipment 9,000

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