In adjusted P & L account, depreciation on fixed assets will be [A] debited [B] credited [C] ignored [D] deducted

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 9MC: If an adjustment includes an entry to Accumulated Depreciation, which type of adjustment is it? A....
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In adjusted P & L account, depreciation on fixed assets will be

  • [A] debited
  • [B] credited
  • [C] ignored
  • [D] deducted
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