The trial balance for Greenway Corporation appears as follows: If the estimated depreciation for equipment were $600, the adjusting entry would contain a:
A)credit to Accumulated Depreciation, Equipment for $600.
B)credit to Depreciation Expense, Equipment for $600.
C)debit to Accumulated Depreciation, Equipment for $600.
D)credit to Equipment for $600.

Question

The trial balance for Greenway Corporation appears as follows:  If the estimated depreciation for equipment were $600, the adjusting entry would contain a:
A)credit to Accumulated Depreciation, Equipment for $600. 
B)credit to Depreciation Expense, Equipment for $600. 
C)debit to Accumulated Depreciation, Equipment for $600. 
D)credit to Equipment for $600.

Quizplus · Accepted Answer

The Answer of The trial balance for Greenway Corporation appears as follows:  If the estimated depreciation for equipment were $600, the adjusting entry would contain a:
A)credit to Accumulated Depreciation, Equipment for $600. 
B)credit to Depreciation Expense, Equipment for $600. 
C)debit to Accumulated Depreciation, Equipment for $600. 
D)credit to Equipment for $600.

The Trial Balance for Greenway Corporation Appears as Follows