Which Account Is Credited in the Adjusting Entry to Allocate

question 185

Multiple Choice

Which account is credited in the adjusting entry to allocate the cost of equipment?

• A) Equipment Expense
• B) Depreciation Expense
• C) Accumulated Equipment
• D) Accumulated Depreciation

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Definitions:

Corrective

Intended to rectify or improve a situation or condition.

Feedback

The response to a message.

Encourage

To inspire with courage, spirit, or confidence; to stimulate by assistance or approval.

Supportive Feedback

Communication feedback whose goal is to encourage desirable behavior.