JFS Co. changed from straight-line to double-declining-balance depreciation. The journal entry to record the change includes______? A) A credit to accumulated depreciation. B) A debit to accumulated depreciation. C) A debit to a depreciable asset. D) The change does not require a journal entry

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter11: Long-term Assets
Section: Chapter Questions
Problem 13MC: Which of the following represents an event that is less routine when accounting for long-term...
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JFS Co. changed from straight-line to double-declining-balance depreciation. The journal entry to record the change includes______?

A) A credit to accumulated depreciation. B) A debit to accumulated depreciation. C) A debit to a depreciable asset. D) The change does not require a journal entry

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