Consider Each of the Items Below

Multiple Choice

Consider each of the items below. Place the proper letter in the blank space provided to indicate the nature of the account or accounts to be debited when recording each transaction using the preferred accounting treatment. Prepayments should be recorded in balance sheet accounts. Disregard income tax considerations unless instructed otherwise.
-Machinery which had originally cost $130,000 was rearranged at a cost of $450, including installation, in order to improve production.

A) asset(s) only
B) accumulated amortization, depletion, or depreciation only
C) expense only
D) asset(s) and expense
E) some other account or combination of accounts