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While performing an audit, you have identified numerous debits made to accumulated depreciation of equipment. Which of the following most likely occurred?Group of answer choicesPlant

While performing an audit, you have identified numerous debits made to accumulated depreciation of equipment. Which of the following most likely occurred?Group of answer choicesPlant assets were retired during the yearOverhead allocations were revised at year-endThe estimated remaining useful lives of equipment were increasedThe prior year's depreciation expense was erroneously understated

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