If an accumulated depreciation account is in use then the entries for the year's depreciation would be
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If an accumulated depreciation account is in use then the entries for the year's depreciation would be
(A) Credit Accumulated Depreciation Account, debit Depreciation expense
(B) Debit Asset Account, credit Depreciation expense
(C) Credit Asset Account, debit Accumulated Depreciation Account
(D) Credit Depreciation expense, debit Accumulated Depreciation Account
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Related Book For
Frank Woods Business Accounting An Introduction To Financial Accounting
ISBN: 9781292365435
15th Edition
Authors: Alan Sangster, Lewis Gordon, Frank Wood
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