On a Worksheet, the Adjusting Entry to Account for Depreciation

question 39

Multiple Choice

On a worksheet, the adjusting entry to account for depreciation of equipment consists of:

• A)a debit to Accumulated Depreciation and a credit to Equipment.
• B)a debit to Depreciation Expense and a credit to Accumulated Depreciation.
• C)a debit to Depreciation Expense and a credit to Equipment.
• D)a debit to Accumulated Depreciation and a credit to Depreciation Expense.