As a Plant Asset Is Used in Operations

question 83

Multiple Choice

As a plant asset is used in operations:

• A)accumulated depreciation increases and the book value of the asset increases.
• B)accumulated depreciation increases and the book value of the asset decreases.
• C)accumulated depreciation remains the same and the book value of the asset decreases.
• D)accumulated depreciation increases and the book value of the asset remains the same.

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