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Which of the Following Entries Is Correct to Record Depreciation

Question 135

Multiple Choice

Which of the following entries is correct to record depreciation expense of Assembly Department?


A) Debit: Work in Process-Assembly Credit: Finished Goods
B) Debit: Work in Process-Assembly Credit: Accumulated Depreciation
C) Debit: Finished Goods Credit: Work in Process-Assembly
D) Debit: Accumulated Depreciation Credit: Work in Process-Assembly

Correct Answer:

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