A Publicly Accountable Enterprise Changes from Straight-Line Depreciation to Double

Multiple Choice

A publicly accountable enterprise changes from straight-line depreciation to double declining balance. Management feels that this will result in equally reliable and more relevant information; thus it will be treated as a change in accounting policy. The entry to record this change should include a

A) debit to Accumulated Depreciation.
B) credit to Other Comprehensive Income.
C) credit to Deferred Tax Asset.
D) debit to Deferred Tax Liability.