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What are the entries to record depreciation for a tangible assets? a. Debit depreciation expense and credit the tangible asset. b. Credit depreciation expense and
What are the entries to record depreciation for a |
tangible assets? |
a.
Debit depreciation expense and credit the tangible |
asset. |
b.
Credit depreciation expense and debit cash. |
c.
None of the choices is correct. |
d.
Credit depreciation expense and debit accumulated |
depreciation. |
e.
Debit depreciation expense and credit cash. |
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