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Lamar Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value because of technological changes. An entry

Lamar Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value because of technological changes. An entry to record the impairment should

a.

include a credit to the equipment account

b.

include a credit to the equipment accumulated depreciation account

c.

not be made if the equipment is still being used

d.

recognize an unusual loss for the period

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