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  2. Topic
    Business
  3. Study Set
    Corporate Financial Accounting
  4. Exam
    Exam 9: Fixed Assets and Intangible Assets
  5. Question
    The Accumulated Depletion Account Is
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The Accumulated Depletion Account Is

Question 124

Question 124

Multiple Choice

The accumulated depletion account is


A) an intangible asset account
B) reported on the balance sheet as a deduction from the cost of the mineral deposit
C) reported on the income statement as other expense
D) an expense account

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