Multiple Choice
The adjusting entry to record depreciation for the company automobile would be
A) debit Accumulated Depreciation, Automobile; credit Depreciation Expense, Automobile.
B) debit Accumulated Depreciation, Automobile; credit Automobile.
C) debit Depreciation Expense, Automobile; credit Accumulated Depreciation, Automobile.
D) debit Depreciation Expense, Automobile; credit Automobile.
Correct Answer:
Verified
Correct Answer:
Verified
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