Question: Choose the statement below that demonstrates the correct adjusting entry to recognize depreciation expense on a building. Multiple choice question. Debit Depreciation expense; credit Accumulated

Choose the statement below that demonstrates the correct adjusting entry to recognize depreciation expense on a building. Multiple choice question. Debit Depreciation expense; credit Accumulated depreciation. Debit Building; credit Accumulated depreciation. Debit Depreciation expense; credit Building. Debit Accumulated depreciation; credit Depreciation expense

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