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#8 , wnen are natural resources expensed? Why or why not? What kind of assets are 6. Is land a depreciable asset? 7. Define amortization.

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, wnen are natural resources expensed? Why or why not? What kind of assets are 6. Is land a depreciable asset? 7. Define amortization. amortized 8. Explain the historical cost concept as it apyiies to

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