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What Effect Will the Following Adjusting Journal Entry Have on the Accounting

Question 13

Multiple Choice

What effect will the following adjusting journal entry have on the accounting records?  Depreciation Expense 2,150 Accumulated Depreciation 2,150\begin{array} { | c | r | r | } \hline \text { Depreciation Expense } & 2,150 & \\\hline \text { Accumulated Depreciation } & & 2,150 \\\hline\end{array}


A) increase net income
B) increase revenues
C) decrease expenses
D) decrease net book value

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