The Journal Entry to Record Depletion Would Include

question 147

Multiple Choice

The journal entry to record depletion would include:

• A) a debit to Depletion Expense and credit to Accumulated Depreciation.
• B) a debit to Accumulated Depletion and a credit to Depletion Expense.
• C) a debit to Depletion Expense and a credit to Accumulated Depletion.
• D) none of the above.

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