The correct entry to record the annual amortization expense for a capital asset is: a.
$\begin{array} { l }
\text {Dr. Accumulated amortization }\
\quad\quad\text {Cr. Amortization expense }\
\text {b. Dr Amortization expense }\
\quad\quad\text {Cr. Accumulated amortization }\
\text {c. Dr. Accumulated amortization }\
\quad\quad\text {Cr. Capital asset }\
\text { d. Dr. Amortization expense}\
\quad\quad\text {Cr. Capital asset }\
\end{array}$

Question

The correct entry to record the annual amortization expense for a capital asset is: a.
$\begin{array} { l  }
 \text {Dr. Accumulated amortization }\
 \quad\quad\text {Cr. Amortization expense }\
 \text {b. Dr Amortization expense }\
 \quad\quad\text {Cr. Accumulated amortization }\
 \text {c. Dr. Accumulated amortization }\
 \quad\quad\text {Cr. Capital asset }\
 \text { d. Dr. Amortization expense}\
 \quad\quad\text {Cr. Capital asset }\
\end{array}$

Quizplus · Accepted Answer

The Answer of The correct entry to record the annual amortization expense for a capital asset is: a.
$\begin{array} { l  }
 \text {Dr. Accumulated amortization }\
 \quad\quad\text {Cr. Amortization expense }\
 \text {b. Dr Amortization expense }\
 \quad\quad\text {Cr. Accumulated amortization }\
 \text {c. Dr. Accumulated amortization }\
 \quad\quad\text {Cr. Capital asset }\
 \text { d. Dr. Amortization expense}\
 \quad\quad\text {Cr. Capital asset }\
\end{array}$

The Correct Entry to Record the Annual Amortization Expense for a Capital