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  2. Topic
    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 10: Plant Assets, natural Resources, and Intangibles
  5. Question
    It Is Not Necessary to Report Both the Cost and the Accumulated
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It Is Not Necessary to Report Both the Cost and the Accumulated

Question 199

Question 199

True/False

It is not necessary to report both the cost and the accumulated depreciation of plant assets in the financial statements.

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