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Two Company calculated depreciation on equipment to be $25,000 in 2018. The adjusting entry on December 31, 2018 would include A debit to accumulated depreciation
Two Company calculated depreciation on equipment to be $25,000 in 2018. The adjusting entry on December 31, 2018 would include
A debit to accumulated depreciation for $25,000 |
No entry |
A credit to equipment for $25,000 |
A debit to depreciation expense for $25,000 |
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