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Question 5 (1 point) Saved Why do we record depreciation? to allocate the cost of plant assets to the periods in which our company benefits

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Question 5 (1 point) Saved Why do we record depreciation? to allocate the cost of plant assets to the periods in which our company benefits from the use of the assets to increase the net income shown on the income statement to accumulate money to replace plant assets to record the difference between the historical cost of plant assets and their market values

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