The journal entry to record depreciation expense is: O A. debit the asset account, credit Accumulated Depreciation. O B. debit Accumulated Depreciation, credit the asset account. C. debit Depreciation Expense, credit the asset account.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 14MC: What adjusting journal entry is needed to record depreciation expense for the period? A. a debit to...
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The journal entry to record depreciation expense is:
A. debit the asset account, credit Accumulated Depreciation.
O B. debit Accumulated Depreciation, credit the asset account.
C. debit Depreciation Expense, credit the asset account.
OD debit Depreciation Expense, credit Accumulated Depreciation.
Transcribed Image Text:The journal entry to record depreciation expense is: A. debit the asset account, credit Accumulated Depreciation. O B. debit Accumulated Depreciation, credit the asset account. C. debit Depreciation Expense, credit the asset account. OD debit Depreciation Expense, credit Accumulated Depreciation.
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