Question 24 Not yet answered Marked out of 1.00 Flag question The work-paper entry that is necessary to recognize the additional depreciation that resulted from the fair value adjustment of Sequipment when preparing the consolidated financial statements on December 31, 2020 is: Select one: O Depreciation expense 5000 Accumulated depreciation 5000 Depreciation expense 4000 Equipments 4000 Depreciation expense 4000 Accumulated depreciation 4000 Depreciation expense 5000 Equipment 5000 Question 24 Not yet answered Marked out of 1.00 Flag question The work-paper entry that is necessary to recognize the additional depreciation that resulted from the fair value adjustment of Sequipment when preparing the consolidated financial statements on December 31, 2020 is: Select one: O Depreciation expense 5000 Accumulated depreciation 5000 Depreciation expense 4000 Equipments 4000 Depreciation expense 4000 Accumulated depreciation 4000 Depreciation expense 5000 Equipment 5000