Which of the following would be depriviated over its useful life $($check all that apply$)$

Buildings

Equipment

Land

Goodwill

Patents

At the end of the quarter, a company made an adjusting entry to recognize $$1000$ of interest costs that have been incurred this quarter in constructing a new piece of production equipment.

$1$ point

What is the correct journal entry?

Dr$.$ Interest Expense $,1000$

Cr$.$ Interest Payable $,1000$

No entry is needed.

Dr$.$ Work in Process $1000$

Cr$.$ Interest Payable $,1000$

$\text{'}$Dr$.$ Interest Expense $,1000$

Cr$.$ Cash $1000$

$$ Dr$.$ Equipment $,1000$

Cr$.$ Interest Payable $,1000$