Which of the Following Would Be Used to Record Depreciation

question 63

Multiple Choice

Which of the following would be used to record depreciation expense for the period?

• A)A journal entry
• B)An adjusting entry
• C)A closing entry
• D)A temporary account

---

Definitions:

Convertible Bonds

Bonds issued by a corporation that can be converted into a predetermined number of the company's shares at certain times during the bond's life, usually at the discretion of the bondholder.

Bond Yields

The return an investor realizes on a bond, calculated as the annual interest payment divided by the bond's current market price.

Term Structure

The relationship between interest rates (or yields) and different maturities of debt securities, often depicted as a curve.

U.S. Treasuries

Debt securities issued by the U.S. Department of Treasury used to finance government spending as an alternative to taxation.