Question
A company records an entry to record $15,000 depreciation expense. Which of the following describes the entry? One Answer A. Increase Property Plant and Equipment
A company records an entry to record $15,000 depreciation expense. Which of the following describes the entry? One Answer
| A. | Increase Property Plant and Equipment and increase Depreciation expense |
| B. | Increase Depreciation expense and Increase Accumulated Depreciation- Property Plant and Equipment |
| C. | Increase Property Plant and Equipment and Decrease Cash |
| D. | Increase Depreciation expense and Decrease Cash |
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
2nd Canadian Edition
0471413658, 978-0471413653
