Multiple Choice
The correct entry to record the annual depreciation expense for a long-term asset is
A) Dr.Accumulated depreciation.
B) Dr.Depreciation expense,Cr.Accumulated depreciation.
C) Dr.Accumulated depreciation,Cr.Long-Term asset.
D) Dr.Depreciation expense,Cr.Long-Term asset.
Correct Answer:
Verified
Correct Answer:
Verified
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