When an extraordinary repair is made to an asset, Required: why do you debit accumulated depreciation? Wouldnt

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When an extraordinary repair is made to an asset,

Required:

why do you debit accumulated depreciation?

Wouldn’t it be easier to simply debit the asset account?

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Posted Date: Apr 29, 2023 03:04 AM

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When an extraordinary repair is made to an asset, Required: why do you debit accumulated depreciation? Wouldnt

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