The Adjusting Entry to Record the Depreciation of a Building

question 120

Multiple Choice

The adjusting entry to record the depreciation of a building for the fiscal period is

• A) debit Depreciation Expense; credit Building
• B) debit Depreciation Expense; credit Accumulated Depreciation
• C) debit Accumulated Depreciation; credit Depreciation Expense
• D) debit Building; credit Depreciation Expense

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