A car valued at $30,000 has $600 of depreciation to be adjusted as of January 31st.
Which entry should be made?
Debit Accumulated Depreciation, Credit Depreciation Expense, both for $600Credit Accumulated Depreciation, Debit Depreciation Expense, both for $600
Debit Accumulated Depreciation, Credit Car, both for $600 Debit Car, Credit Depreciation, both for $600
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asked 12 days ago
active 12 days ago