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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 5: The Accounting Cycle Completed: Closing and Post-Closing Trial Balance
  5. Question
    The Depreciation Expense Account Is Closed to the Owner's Capital
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The Depreciation Expense Account Is Closed to the Owner's Capital

Question 55

Question 55

True/False

The Depreciation Expense account is closed to the Owner's Capital account.

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