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Assume that the accumulated depreciation account has an unadjusted normal balance of 120,000. The company's list of adjusting entries includes one that debits depreciation expense
Assume that the accumulated depreciation account has an unadjusted normal balance of 120,000. The company's list of adjusting entries includes one that debits depreciation expense and credits the accumulated depreciation account for 20,000. The adjusted balance in the accumulated depreciation account is a?
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