Question: Multiple Select Question Select all that apply Which of the following occurs under the replacement method for recording depreciation expense? ( Select all that apply.

Multiple Select Question
Select all that apply
Which of the following occurs under the replacement method for recording depreciation expense? (Select all that apply.)
Proceeds from dispositions reduce depreciation expense.
Depreciation expense is recorded by the percentage method of group assets acquired during the year.
Depreciation expense is the amount paid for new or replacement assets.
Multiple Select Question Select all that apply

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