Which of the Following Entries Is Correct to Record Depreciation

question 135

Multiple Choice

Which of the following entries is correct to record depreciation expense of Assembly Department?

• A) Debit: Work in Process-Assembly Credit: Finished Goods
• B) Debit: Work in Process-Assembly Credit: Accumulated Depreciation
• C) Debit: Finished Goods Credit: Work in Process-Assembly
• D) Debit: Accumulated Depreciation Credit: Work in Process-Assembly

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Definitions:

Parental Effect

The influence that parents have on the development, behavior, and personality of their children.

Formative Period

A critical phase in development or history where foundational growth, organization, or change takes place.

Personality Development

The growth and change of an individual’s characteristics and behaviors over time, influenced by genetics, environment, and experiences.

Cattell

Raymond Cattell was a psychologist known for his work in personality, intelligence, and psychometrics.