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Recording the adjusting entry for depreciation has the same effect as recording the adjusting entry for: A. Unearned revenue B. Prepaid expense C. Accrued revenue

Recording the adjusting entry for depreciation has the same effect as recording the adjusting entry for:

A. Unearned revenue

B. Prepaid expense

C. Accrued revenue

D. Accrued expense

-Explain the answer

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