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1. Depreciation is booked by debiting a. depreciation payable. b. accumulated depreciation. C. cash. d. depreciation expense. d using the 2. Assets are reflected on

1. Depreciation is booked by debiting a. depreciation payable. b. accumulated depreciation. C. cash. d. depreciation expense. d using the 2. Assets are reflected on the a. balance sheet/book value b. income statement/historical cost c. balance sheet/market value d. balance sheet/historical cost

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