The adjusting entry to record depreciation includesa. a debit to an expense account.O b. a debit to a liability account.O c. a credit to stockholders' equity account.O d. a debit to an asset account.

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Description: The adjusting entry to record depreciation includesa. a debit to an expense account.O b. a debit to a liability account.O c. a credit to stockholders' equity account.O d. a debit to an asset account.

Depreciation Expenses refers to gradually decrease in the value of assets over the year due to its…

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The adjusting entry to record depreciation includes O a. a debit to an expense account. b. a debit to a liability account. O c. a credit to stockholders' equity account. O d. a debit to an asset account.

The adjusting entry to record depreciation includes O a. a debit to an expense account. b. a debit to a liability account. O c. a credit to stockholders' equity account. O d. a debit to an 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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