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    Core Concepts of Accounting
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    Exam 6: Long-Term Assets: Property, Plant Equipment and Intangibles
  5. Question
    If a Depreciable Asset Is Disposed of at Any Point
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If a Depreciable Asset Is Disposed of at Any Point

Question 13

Question 13

True/False

If a depreciable asset is disposed of at any point other than year-end, an adjusting entry must be made to recognize depreciation expense on that asset before the disposal is recorded.

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