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    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 2: Accounting for Accruals and Deferrals
  5. Question
    The Entry to Recognize Depreciation Expense Incurred on Equipment Involves
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The Entry to Recognize Depreciation Expense Incurred on Equipment Involves

Question 41

Question 41

Multiple Choice

The entry to recognize depreciation expense incurred on equipment involves which of the following?


A) A decrease in assets
B) An increase in liabilities
C) An increase in assets
D) A decrease in liabilities

Correct Answer:

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