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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 3: Adjusting Accounts and Preparing Financial Statements
  5. Question
    Accumulated Depreciation Is Shown on the Balance Sheet as a Subtraction
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Accumulated Depreciation Is Shown on the Balance Sheet as a Subtraction

Question 57

Question 57

True/False

Accumulated depreciation is shown on the balance sheet as a subtraction from the cost of its related asset.

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