Panda Partners purchased $1,450 of app software that is estimated to have four years of usefulness.The adjusting entry to record the amortization includes a debit to ________ and a credit to ________.
A) Amortization Expense;Accumulated Amortization
B) Accumulated Amortization;Amortization Expense
C) Depreciation Expense;Accumulated Depreciation
D) Accumulated Depreciation;Depreciation Expense
E) Software;Amortization Expense
Correct Answer:
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