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If a company builds its own facility, only the cost of materials is capitalized. True False A journal entry is usually needed to update depreciation

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If a company builds its own facility, only the cost of materials is capitalized. True False A journal entry is usually needed to update depreciation expense on a long-lived asset at the time of disposal. True False estion 24 At the end of an asset's life, after it has been fully depreciated, the total amount of depreciation will equal the asset's depreciable cost, regardless of the depreciation method used. True False

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