The reconciling entry for depreciation expense in a worksheet is a credit to Accumulated depreciation and a debit to Operating activities-Depreciation expense.

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The reconciling entry for depreciation expense in a worksheet is a credit to Accumulated depreciation and a debit to Operating activities-Depreciation expense because depreciation expense is an expense that is recorded on the income statement, while accumulated depreciation is a contra-asset account that is recorded on the balance sheet. The reconciling entry is necessary to bring the two accounts into agreement at the end of the accounting period.

The Reconciling Entry for Depreciation Expense in a Worksheet Is