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  3. Study Set
    Survey of Accounting Study Set 7
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    Exam 7: Fixed Assets, Natural Resources, and Intangible Assets
  5. Question
    The Balance in Accumulated Depreciation Account Is Deducted from the Cost
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The Balance in Accumulated Depreciation Account Is Deducted from the Cost

Question 68

Question 68

True/False

The balance in Accumulated Depreciation account is deducted from the cost of fixed assets on the balance sheet.

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