Question: 30. A ____ will increase Depreciation Expense, and a ____ will increase Accumulated Depreciation. A. Credit; Debit B. Debit; Credit C. Debit; Debit D. Credit;
30. A ____ will increase Depreciation Expense, and a ____ will increase Accumulated Depreciation.
A. Credit; Debit
B. Debit; Credit
C. Debit; Debit
D. Credit; Credit
I know the answer is B, but can someone explain to me why? Thank you.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
