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

asked by guest
on May 06, 2024 at 11:17 pm

Mathbot Says...

I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.

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