Question: Please explain correct answer and explain why reaming options are incorrect What are the entries to record depreciation for a tangible assets? a.
Please explain correct answer and explain why reaming options are incorrect
| What are the entries to record depreciation for a |
| tangible assets? |
a.
| Debit depreciation expense and credit the tangible |
| asset. |
b.
| Credit depreciation expense and debit cash. |
c.
| None of the choices is correct. |
d
| Credit depreciation expense and debit accumulated |
| depreciation. |
e.
| Debit depreciation expense and credit cash. |
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