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The statement relating to depreciation that is true is: Select one: a . Accumulated depreciation represents the amount of an asset's cost that has been

The statement relating to depreciation that is true is:
Select one:
a. Accumulated depreciation represents the amount of an asset's cost that has been transferred to depreciation expense to date
b. The cash account is affected by charging depreciation
c. Accumulated depreciation is a contra-expense account
d. Depreciation represents cash that can be used to replace assets when they wear out
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