Which of the Following Entries Will Be Necessary to Close

question 151

Multiple Choice

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

• A)Debit Accumulated Depreciation and credit Income Summary
• B)Debit Depreciation Expense and credit Income Summary
• C)Debit Income Summary and credit Accumulated Depreciation
• D)Debit Income Summary and credit Depreciation Expense

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Definitions:

Heat Of Hydrogenation

The heat of hydrogenation is the change in enthalpy that occurs when an unsaturated compound reacts with hydrogen to become saturated, used as a measure of the stability of the compound’s double bonds.

Alkene

A hydrocarbon compound characterized by the presence of at least one carbon-carbon double bond, playing a vital role in organic chemistry.

IUPAC Name

The systematic naming of chemical compounds as recommended by the International Union of Pure and Applied Chemistry.

Alkene

Organic compounds featuring one or more double bonds between carbon atoms, participating in diverse organic processes.