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What does 'depreciating an asset' mean? A. To expense a portion of the cost of an asset over time B. To accumulate the costs of

What does 'depreciating an asset' mean?

A.

To expense a portion of the cost of an asset over time

B.

To accumulate the costs of using the asset throughout its estimated life

C.

To adjust the asset to its market value as it is being used

D.

To recognize the cost of equipment or buildings as an asset on the balance sheet

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