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The Journal Entry to Record $2,750 of Depreciation Expense for the Year

Question 154

Multiple Choice

The journal entry to record $2,750 of depreciation expense for the year would be to:


A) debit Depreciation Expense, $2,750; credit Equipment, $2,750.
B) debit Accumulated Depreciation, $2,750; credit Depreciation Expense, $2,750.
C) debit Accumulated Depreciation, $2,750; credit Equipment, $2,750.
D) debit Depreciation Expense, $2,750; credit Accumulated Depreciation, $2,750.

Correct Answer:

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