Question
The adjustment for general capital asset depreciation would be: Debit to Depreciation Expense and credit to Change in Net Assets Debit to Deprecation Expense and
The adjustment for general capital asset depreciation would be:
|
| Debit to Depreciation Expense and credit to Change in Net Assets | |
|
| Debit to Deprecation Expense and credit to Accumulated Deprecation (incorrect) | |
|
| Debit to Deprecation Expense and credit to General Capital Assets | |
|
| There would be no entry since it is a general fund account |
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Advanced Financial Accounting An International Approach
Authors: Jagdish Kothari, Elisabetta Barone
1st Edition
0273712748, 978-0273712749
