John's Tree Service depreciation for the month is $500. The adjusting journal entry is:O A. Depreciation ExpenseEquipment500500O B. Accumulated Depreciation500Depreciation Expense500O C. Depreciation Expense500Accumulated Depreciation500O D. Equipment500Accumulated Depreciation500

John's Tree Service depreciation for the month is $500. The adjusting journal entry is: O A. Depreciation Expense 500 Equipment 500 O B. Accumulated Depreciation Depreciation Expense 500 500 O C. Depreciation Expense 500 Accumulated Depreciation 500

John's Tree Service depreciation for the month is $500. The adjusting journal entry is: O A. Depreciation Expense 500 Equipment 500 O B. Accumulated Depreciation Depreciation Expense 500 500 O C. Depreciation Expense 500 Accumulated Depreciation 500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

John's Tree Service depreciation for the month is $500. The adjusting journal entry is:
O A. Depreciation Expense
Equipment
500
500
O B. Accumulated Depreciation
500
Depreciation Expense
500
O C. Depreciation Expense
500
Accumulated Depreciation
500
O D. Equipment
500
Accumulated Depreciation
500

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