Which Account Is Credited in a Journal Entry to Record

question 248

Multiple Choice

Which account is credited in a journal entry to record depreciation on machinery?

• A)Depreciation Expense
• B)Accumulated Depreciation
• C)Machinery
• D)Cash

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Definitions:

Borda Count

A voting method that ranks options or candidates based on points assigned by voters' preferences rather than a single preference vote.

Voting Method

A system or process used to determine the outcome of an election or decision by casting and counting votes.

Sports Teams

Organized groups of athletes who compete in specific sports.

Median Voter Theorem

A mathematical result showing that if voters are choosing a point along a line and each voter wants the point closest to his most preferred point, then majority rule will pick the most preferred point of the median voter.