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73. Which of the following statements about depreciation is correct? A. depreciation is subtracted from cost of goods sold to calculate net income. B. when
73. Which of the following statements about depreciation is correct? A. depreciation is subtracted from cost of goods sold to calculate net income. B. when depreciation expense is incurred, cash balances are reduced. C. depreciation expense does not affect net income. D. depreciation reduces the book value of assets
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