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QUESTION

The balance in the Accumulated Depreciation account at the end of 3 years represents the Select one:amount charged to expense in the current period.

The balance in the Accumulated Depreciation account at the end of 3 years represents the

Select one:

a. amount charged to expense in the current period. 

b. amount charged to expense since the asset was acquired.

c. amount to be deducted from the cost of the plant asset to arrive at its fair market value.

d. cash fund to be used to replace plant assets.

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