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When a company records depreciation it debits: Multiple Choice a liability account and credits Depreclation Expense. Depreciation xpense and credits Cash. Depreciation Expense and credits

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When a company records depreciation it debits: Multiple Choice a liability account and credits Depreclation Expense. Depreciation xpense and credits Cash. Depreciation Expense and credits a contra-asset account. long-lived tangible asset account and credits Depreciation Expense

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