Pine Corporation makes adjusting entries monthly. Property, Plant, and Equipment depreciates at a rate of $9,000 per month. No entry for depreciation has been recorded in the month of March. What adjusting entry is necessary at March 31?
A) Accumulated Depreciation 750Property, Plant, & Equipment 750
B) Depreciation Expense 9,000Accumulated Depreciation 9,000
C) Property, Plant & Equipment 750Depreciation Expense 750
D) Depreciation Expense 9,000Property, Plant & Equipment 9,000
B
Business
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