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When adjusting for depreciation, which of the following is one effect of the adjustment? Select one: A. The asset's book value declines B. The market

When adjusting for depreciation, which of the following is one effect of the adjustment?

Select one:

A. The asset's book value declines

B. The market value of the equipment declines

C. The cost of the equipment declines

D. Accumulated depreciation is debited

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