The Journal Entry to Record $2,750 of Depreciation Expense for the Year

question 154

Multiple Choice

The journal entry to record $2,750 of depreciation expense for the year would be to:

• A)debit Depreciation Expense, $2,750; credit Equipment, $2,750.
• B)debit Accumulated Depreciation, $2,750; credit Depreciation Expense, $2,750.
• C)debit Accumulated Depreciation, $2,750; credit Equipment, $2,750.
• D)debit Depreciation Expense, $2,750; credit Accumulated Depreciation, $2,750.