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

Accounts - Principles of Accounts

WAEC 2000

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

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

Correct Answer: Option A

Explanation

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