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The accounting entry for depreciation at the end of each year is to debit

Accounts - Principles of Accounts
WAEC 2000

The accounting entry for depreciation at the end of each year is to debit
  • A. provision for depreciation account and credit machinery account
  • B. provision for depreciation account and credit profit and loss account
  • C. trading account abd credit provision for depresiation account
  • D. manufacturing account and credit provision for depreciation account
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Correct Answer: Option A
Explanation
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