Question 26 Indicate how the following transaction should be recorded: Recorded depreciation on equipment, $6,000. Decre
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Question 26 Indicate how the following transaction should be recorded: Recorded depreciation on equipment, $6,000. Decre
Question 26 Indicate how the following transaction should be recorded: Recorded depreciation on equipment, $6,000. Decrease Prepaid Rent, $6,000; Decrease Retained Earnings with Depreciation Expense, $6,000. Decrease Equipment, $6,000; Decrease Retained Earnings with Depreciation Expense, $6,000. Decrease Equipment, $6,000; Increase Retained Earnings with Revenue, $6,000. Increase Equipment, $6,000; Increase Retained Earnings with Depreciation Expense, $6,000. 3 pts