The Journal Entry to Record an Addition to an Office

question 35

Multiple Choice

The journal entry to record an addition to an office building would include:

• A)credit to Depreciation Expense.
• B)credit to Accumulated Depreciation.
• C)debit to Repair Expense.
• D)debit to Office Building.

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Definitions:

Peaceful Coexistence

The principle that nations with different ideologies and social systems can live together in the world without war.

Vietnam War Ended

Marks the conclusion of the Vietnam War in 1975, following the fall of Saigon and the subsequent reunification of Vietnam under communist control.

North Vietnam

North Vietnam, officially the Democratic Republic of Vietnam, existed from 1945 to 1976 and was involved in the Vietnam War against South Vietnam and its allies.

Paris Peace Agreement

Refers to the 1973 agreements intended to establish peace in Vietnam and end the Vietnam War, involving the United States, North Vietnam, South Vietnam, and the Viet Cong.