The Adjusting Entry to Record the Depreciation of a Building

question 120

Multiple Choice

The adjusting entry to record the depreciation of a building for the fiscal period is

• A) debit Depreciation Expense; credit Building
• B) debit Depreciation Expense; credit Accumulated Depreciation
• C) debit Accumulated Depreciation; credit Depreciation Expense
• D) debit Building; credit Depreciation Expense

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Definitions:

Behavior Modification

A therapeutic approach designed to change undesirable behaviors through reinforcement strategies.

Overweight

Having a body weight more than what is considered normal or healthy for a certain height, often measured by body mass index (BMI).

Exercise

Exercise is physical activity that is planned, structured, and repetitive for the purpose of conditioning the body, improving health, and maintaining fitness.

Cultural Issues

Problems or challenges that arise within a cultural context, often relating to differences in beliefs, values, and practices.