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During fiscal year 2012, Virchow Inc.recorded $10,000 of depreciation on a piece of factory equipment used to manufacture cricket bats. Which of the following items

During fiscal year 2012, Virchow Inc.recorded $10,000 of depreciation on a piece of factory equipment used to manufacture cricket bats.

Which of the following items would beincreasedby this depreciation entry? (check all that apply)

Work in Process Inventory

Cost of Goods Sold

Current Assets

Accumulated Depreciation

Net Property, Plant, and Equipment

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