The expenditure for an improvement to equipment that would increase output is journalized by
A)crediting accumulated depreciation.
B)crediting depreciation expense.
C)debiting depreciation expense.
D)debiting equipment.
E)debiting repair expense.

Question

Quizplus · Accepted Answer

The expenditure for an improvement to equipment that would increase output should be debited to the equipment account as it adds value to the asset.

The Expenditure for an Improvement to Equipment That Would Increase