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The balance in the Accumulated Depreciation account represents the amount charged to expense since the acquisition of the plant asset. amount to be deducted from
The balance in the Accumulated Depreciation account represents the
amount charged to expense since the acquisition of the plant asset.
amount to be deducted from the cost of the plant asset to arrive at its fair market value.
cash fund to be used to replace plant assets.
amount charged to expense in the current period.
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