Q174
Which of the following is a double entry for deprecation expenses?
A.
Accumulated depreciation Debit and depreciation expenses Credit
B.
Depreciation expenses Debit and accumulated depreciation Credit
AnswerC.
Cash Debit and Depreciation expenses Credit
D.
Depreciation expenses Debit and Cash Credit
Answer: Option B
Solution
Answer: Option B
Solution:
Depreciation expenses Debit and accumulated depreciation Credit is a double entry for deprecation expenses.