Identify the Journal Entry Required to Correctly Record the Following

question 57

Multiple Choice

Identify the journal entry required to correctly record the following transaction. Depreciation expense on motor vehicles for the year incurred.

• A) Dr Motor vehicles
• Cr Accumulated depreciation
• B) Dr Accumulated depreciation
• Cr Depreciation expense
• C) Dr Depreciation expense
• Cr Motor vehicles
• D) Dr Depreciation expense
• Cr Accumulated depreciation

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Definitions:

Job Satisfaction Theory

Job Satisfaction Theory explores the factors that lead to an individual's level of satisfaction with their job, including work environment, role, rewards, and personal expectations.

Group Cohesiveness

The extent to which members of a group stick together and remain united in the pursuit of a common goal.

Organizational Citizenship Behavior

Voluntary, extra-role activities performed by employees that contribute to the organization but are not formally rewarded.

Group Homogeneity

The degree to which members of a group are similar to each other in terms of attitudes, beliefs, or demographic factors.