Simpson Golf Academy estimated depreciation on its building at $1,300. The adjusting entry for depreciation of the building would include:
A) a debit to Building for $1,300.
B) a debit to Depreciation Expense for $1,300.
C) a credit to Building for $1,300.
D) a credit to Depreciation Expense for $1,300.

Question

Quizplus · Accepted Answer

B) a debit to Depreciation Expense for $1,300.

Simpson Golf Academy Estimated Depreciation on Its Building at $1,300