Which of the following would be used to record depreciation expense for the period?
A)A journal entry
B)An adjusting entry
C)A closing entry
D)A temporary account

Question

Quizplus · Accepted Answer

Depreciation is recorded using an adjusting entry, which is made at the end of an accounting period to recognize the portion of an asset's cost that has been used up or expired during that period.

Which of the Following Would Be Used to Record Depreciation