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At the end of the quarter, a company did an adjusting entry to record $5,000 of depreciation on the fleet of automobiles used by the
At the end of the quarter, a company did an adjusting entry to record $5,000 of depreciation on the fleet of automobiles used by the sales force.
Which of the following items would be increased by this depreciation adjusting entry? (Check all that apply)
- Cash from Operations
- Total Liabilities
- Total Assets
- Accumulated Depreciation
- SG&A Expense
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