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The appropriate journal entry to record equipment depreciation expense would a credit to which of the following accounts?

a. Equipment b. Accumulated Depreciation: Equipment c. Retained Earnings d. Cash

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Question added by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed
Date Posted: 2014/04/29
Mukkaram Siddique
by Mukkaram Siddique , Finance, Management & Stocks , Amazon Foods Saudi Arabia

Option B

Dr. Depreciation Expense Account.

Cr. Accumulated Depreciation Account.

Umer Aziz
by Umer Aziz , Senior Accountant , TERNA Bahrain Holding - GEK Group (www.terna.gr)

b. Accumulated Depreciation: Equipment

Syed Bilal Irshaad
by Syed Bilal Irshaad , Accountant , Juma Al-Majid Group

option b

Deleted user
by Deleted user

Answer B

Dr  / Depreciation Expense

Cr / Accumulated Depreciation

shaimaa selim
by shaimaa selim , Accountant , Center for Egyptian women's legal assistance (CEWLA foundation)

B is the correct answer

Zahid Chandio
by Zahid Chandio , Finance Controller , Americana

B

Deleted user
by Deleted user

Option "B" Depreciation expense-Equipment (Dr) Accumulated Depreciation (cr)

Muhammad Zubair
by Muhammad Zubair , CFO / Chief Accountant , RH Group

correct answer is B

awais khalid
by awais khalid , ERP Functional Consultant , Colony Textile Mills

optoin b

 

Imraz Raza
by Imraz Raza , Manager-Commercial , KEC INTERNATIONAL LTD

b)

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