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While recording depreciation expense, Accumulated Depreciation is credited because a. We want to keep track of the overall decline in the value of PP and
While recording depreciation expense, Accumulated Depreciation is credited because a. We want to keep track of the overall decline in the value of PP and E due to the passage of time / and use of the PP AND E b. While recording depreciation PP AND E is directly depreciated c. Accumulated depreciation is credited because it is a liability account d. Accountants have a tendency to complicate stuff
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