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The first step in the revaluation of an asset is to: Select one: a. record the revaluation b. transfer the balance of accumulated depreciation to
The first step in the revaluation of an asset is to:
Select one:
a. record the revaluation
b. transfer the balance of accumulated depreciation to the balance sheet
c. record depreciation up to the date of the asset revaluation
d. write back the accumulated depreciation balance to the cost of the asset.
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