What is the correct journal entry for recording the depreciation of office furniture with an annual depreciation expense of \$2,000?

• A. Debit Accumulated Depreciation \$2,000; Credit Depreciation Expense \$2,000
• B. Debit Cash \$2,000; Credit Office Furniture \$2,000
• C. Debit Office Furniture \$2,000; Credit Cash \$2,000
• D. Debit Depreciation Expense \$2,000; Credit Accumulated Depreciation \$2,000

Answer: (D)