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Which one of the following disclosures is required by generally accepted accounting principles? a. balances of major classes of depreciable assets by nature or function
Which one of the following disclosures is required by generally accepted accounting principles?
a. balances of major classes of depreciable assets by nature or function
b. an explanation of why the depreciation method used was selected by management
c. depreciation expense for each major class of asset
d. accumulated depreciation on each depreciable asset
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