The Journal Entry Needed to Record Depreciation on Factory Equipment

question 79

Multiple Choice

The journal entry needed to record depreciation on factory equipment would include a

• A)credit to manufacturing overhead.
• B)debit to work in process inventory.
• C)debit to depreciation expense.
• D)credit to accumulated depreciation.

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, structured as a hierarchy of human needs ranging from basic physiological needs to self-actualization, dictating motivational drivers.

Esteem Needs

A level in Maslow's hierarchy of needs that includes respect, self-esteem, and recognition from others.

Maslow's Hierarchy

A theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Feeling Of Belonging

An emotional sense of being an accepted and integral part of a group, community, or environment.