The entry to close the Depreciation Expense account would cause:
A) the Capital account balance to increase.
B) the Capital account balance to decrease.
C) the Accumulated Depreciation account balance to increase.
D) None of the above answers are correct.

Question

Quizplus · Accepted Answer

The Answer of The entry to close the Depreciation Expense account would cause:
A) the Capital account balance to increase.
B) the Capital account balance to decrease.
C) the Accumulated Depreciation account balance to increase.
D) None of the above answers are correct.

The Entry to Close the Depreciation Expense Account Would Cause