The essential amount of depreciation on equipment for a period is 2,000 the adjusting end
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The essential amount of depreciation on equipment for a period is 2,000 the adjusting end to record depreciation would be
- A) Debit depreciation expense, 2000, credit expense, 2,000
- B) Debit equipment, 2,000; credit depreciation expense, 2,000
- C) Debit accumulated depreciation, 2,000; credit depreciation expense 2,000
- D) Debit depreciation expense, 2,000; credit accumulated depreciation 2,000
Correct Answer: D) Debit depreciation expense, 2,000; credit accumulated depreciation 2,000
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