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The purpose of depreciation accounting is to: Select one: A. Reflect changes in the current value of a plant asset over its useful life B.

The purpose of depreciation accounting is to: Select one: A. Reflect changes in the current value of a plant asset over its useful life B. Accumulate funds to replace a plant asset at the end of its useful life C. Allocate a plant asset's cost, less its salvage value, to expense over the asset's useful life D. Have a plant asset's book value equal its initial cost by the end of its useful life

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