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The following journal entry was drawn from the accounting records of Melisa Company. Account Titles Debit Credit Depreciation Expense 10,000 Accumulated Depreciation 10,000 Which of

The following journal entry was drawn from the accounting records of Melisa Company.

Account Titles Debit Credit
Depreciation Expense 10,000
Accumulated Depreciation 10,000

Which of the following shows how this entry will affect the Companys financial statements?

a.

assets liabilities equity revenue expense income statement cash flows
- na - na na na na

b.

assets liabilities equity revenue expense income statement cash flows
- na - na + - na

c.

assets liabilities equity revenue expense income statement cash flows
- na - na + - -oa

d.

assets liabilities equity revenue expense income statement cash flows
- na - na na na -oa

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