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When Preparing the Financial Statements, Accumulated Depreciation Is Recorded

Question 2

Multiple Choice

When preparing the financial statements, Accumulated Depreciation is recorded


A) as an addition in the asset section of the balance sheet.
B) as a subtraction from revenues on the income statement.
C) as an addition in the liabilities section of the balance sheet.
D) as a subtraction in the asset section of the balance sheet.

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