Use this information pertaining to the Essex Corporation to answer the following question.
The adjusting entry for depreciation on the building is
A) Depreciation Expense - Building 10,000
Accumulated Depreciation - Building 10,000
B) Accumulated Depreciation - Building 10,000
Depreciation Expense - Building 10,000
C) Building 10,000
Depreciation Expense - Building 10,000
D) Accumulated Depreciation - Building 10,000
Building 10,000
Correct Answer:
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