Question: What effect will the following adjusting entry have on the accounting records? Depreciation Expense 2 , 1 5 0 Accumulated Depreciation 2 , 1 5

What effect will the following adjusting entry have on the accounting records?
Depreciation Expense
2,150
Accumulated Depreciation
2,150
a. increase net income
b. decrease expenses
c. decrease net book value
d. increase revenues

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