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The Entry to Close the Depreciation Expense Account May Include

Question 11

Multiple Choice

The entry to close the Depreciation Expense account may include a debit to


A) the Income Summary account and a credit to the Depreciation Expense account.
B) the Depreciation Expense account and a credit to the Accumulated Depreciation account.
C) the Accumulated Depreciation account and a credit to the Income Summary account.
D) the Depreciation Expense account and a credit to the Income Summary account.

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