What the adjusting journal entry to record the depreciation

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Raider Corporation owns a building.

The 2007 depreciation on the building is $20,000.

Question 1: The adjusting journal entry to record the depreciation expense at December 31, 2007 would be:

Option A. Depreciation Expense 20,000

Cash 20,000

Option B. Accumulated Depreciation 20,000

Cash 20,000

Option C. Depreciation Expense 20,000

Accumulated Depreciation 20,000

Option D. Accumulated Depreciation 20,000

Depreciation Expense 20,000

Reference no: EM132571168

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