question archive What effect will the following adjusting journal entry have on the accounting records? Depreciation expense debit 2,150
What effect will the following adjusting journal entry have on the accounting records? Depreciation expense debit 2,150
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What effect will the following adjusting journal entry have on the accounting records? Depreciation expense debit 2,150. Accumulated depreciation credit 2150
A. Decrease net book value
B. Decrease expenses
C. Increase net income
D. Increase revenues
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Answer:
The adjusting journal entry will Decrease net book value
| Option A |
