Depreciation Expense has a debit balance in the Trial Balance section of the worksheet of $2,200 and a debit of $200 in the adjustments section of the worksheet, the balance of Depreciation Expense in the Adjusted Trial Balance section of the worksheet is a
A)$200 debit.
B)$2,400 credit.
C)$2,000 debit.
D)$2,400 debit.

Question

Quizplus · Accepted Answer

The balance of Depreciation Expense in the Adjusted Trial Balance section of the worksheet can be calculated as follows:

Beginning balance (debit) = $2,200 
Adjustment (debit) = $200

Adjusted balance (debit) = $2,200 + $200 = $2,400

Therefore, the correct answer is D, $2,400 debit.

Depreciation Expense Has a Debit Balance in the Trial Balance