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JFS Co Changed from Straight-Line to Double-Declining-Balance Depreciation

Question 114

Multiple Choice

JFS Co. changed from straight-line to double-declining-balance depreciation. The journal entry to record the change includes:


A) A credit to accumulated depreciation.
B) A debit to accumulated depreciation.
C) A debit to a depreciable asset.
D) The change does not require a journal entry.

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