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QUESTION 12 On our balance sheet, do we show the full cost value of a depreciating asset, or its current value, with accumulated depreciation taken

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QUESTION 12 On our balance sheet, do we show the full cost value of a depreciating asset, or its current value, with accumulated depreciation taken away? a. We show only the full cost value of the asset. O b. We show both values. O c. We show only the current value of the asset, with accumulated depreciation taken away. O d. We can choose which of these two values we want to show. O e. none of the above. QUESTION 13 A company's Adjusted Trial Balance: a. will always have the same bottom total as that company's Unadjusted Trial Balance for the same period. O b. is only created at the end of every five years. same period

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