Why is depreciation on fixed assets charged in the accounts of a business? A. To ensure that
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Why is depreciation on fixed assets charged in the accounts of a business?
A. To ensure that assets are replaced when they are worn out
B. To make sure that cash is available to replace assets when they are worn out
C. To show what assets are worth in the Balance Sheet
D. To spread the cost of assets over their useful lives
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The correct answer is D To spread the cost of assets over their useful lives Depreciation is ...View the full answer
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