If the estimated amount of depreciation on equipment for a period is $2,000, the adjusting entry to
Question:
If the estimated amount of depreciation on equipment for a period is $2,000, the adjusting entry to record depreciation would be: LO1 A. debit Depreciation Expense, $2,000; credit Equipment,
$2,000.
debit Equipment, $2,000; credit Depreciation Expense,
$2,000.
debit Depreciation Expense, $2,000; credit Accumulated Depreciation, $2,000.
debit Accumulated Depreciation, $2,000; credit Depreciation Expense, $2,000.
B C.
D.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Mercy Kangai
I provide creative and detailed administrative, web search, academic writing, data entry, Personal assistant, Content writing, Translation, Academic writing, editing and proofreading services. I excel at working under tight deadlines with strict expectations. I possess the self-discipline and time management skills necessary to have served as an academic writer for the past seven years. I can bring value to your business and help solve your administrative assistant issues. I have extensive experience in marketing and small business management.
27+ Reviews
86+ Question Solved
Related Book For 
Question Posted:
