Which of the Following Is the Correct Entry to Write $\quad$

question 64

Multiple Choice

Which of the following is the correct entry to write down a capital asset?
A. Dr. Accumulated depreciation
$\quad$ Cr. Loss on write-down of asset
B. Dr. Accumulated depreciation
$\quad$ Cr. Asset
C. Dr. Loss on write-down of asset
$\quad$ Cr. Asset
D. Dr. Loss on write-down of asset
$\quad$ Cr. Accumulated depreciation

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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