The appropriate journal entry to record equipment depreciation expense would consist of a debit to Depreciation Expense and a credit to which of the following accounts?

Owner`s equity

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Cash

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Retained earnings

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Accumulated Depreciation

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Solution

The correct option is D
Accumulated Depreciation

Accumulated Depreciation account will be credited.

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Similar questions

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The appropriate journal entry to record equipment depreciation expense would consist of a debit to Depreciation Expense and a credit to which of the following accounts?

The correct option is D Accumulated Depreciation Accumulated Depreciation account will be credited.

The correct option is D
Accumulated Depreciation

Accumulated Depreciation account will be credited.