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Why is depreciation expense recognized? A. To provide a better estimate of the market value of the depreciated assets. B. So that the balance sheet
Why is depreciation expense recognized?
A. To provide a better estimate of the market value of the depreciated assets.
B. So that the balance sheet value of plant assets will more accurately reflect the replacement cost of the assets.
C. To ensure that cash will be available at the end of the assets useful life in order to replace it.
D. To match the cost of the asset against revenue using a reasonable allocation method.
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