The trial balance for Greenway Corporation appears as follows:
If the estimated depreciation for equipment were $800, the adjusting entry would contain a:
A) credit to Accumulated Depreciation, Equipment for $800.
B) credit to Depreciation Expense, Equipment for $800.
C) debit to Accumulated Depreciation, Equipment for $800.
D) credit to Equipment for $800.
Correct Answer:
Verified
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