Question:

The adjusting entry to record the depreciation of equipment for the fiscal period is:?

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debit Depreciation Expense; credit Equipment

debit Depreciation Expense; credit Accumulated Depreciation

debit Accumulated Depreciation; credit Depreciation Expense

debit Equipment; credit Depreciation Expense

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   Report

1 ANSWERS


  1. the 2ed one

    Debit Depreciation Expense

               Credit Accumulated Depreciation

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