Which of the Following Entries Will Be Necessary to Close

question 78

Multiple Choice

Which of the following entries will be necessary to close the appropriate depreciation account at the end of the year?

• A)Debit Depreciation expense and credit Income summary
• B)Debit Accumulated depreciation and credit Income summary
• C)Debit Income summary and credit Depreciation expense
• D)Debit Income summary and credit Accumulated depreciation

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Definitions:

Benthic Zone

The ecological region at the lowest level of a body of water including the sediment surface and some sub-surface layers.

Bathyal Zone

A marine environment zone that extends from the edge of the continental shelf down to about 4,000 meters, known for its limited light and considerable pressure.

Abyssal Zone

A deep-sea region lying between 3,000 and 6,000 meters below the ocean surface, characterized by cold temperatures, high pressure, and complete darkness.

Aquatic Life Zones

Ecological regions within bodies of water, each characterized by distinct habitats and biodiversity such as freshwater zones and marine zones.