Economics · Financial Accounting

The journal entry to record depreciation charged on machinery includes a debit to which account?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Machinery Account
2Depreciation Account✓
3Cash Account
4Profit and Loss Account

Correct answer

Depreciation Account

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The journal entry to record depreciation charged on machinery includes a debit to which account?

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The journal entry to record depreciation charged on machinery includes a debit to which account?

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