Question: please answer all the question 12, 13, 14, 15 12. In the recording of depreciation expense, which account is credited? 13. What does accumulated depreciation

12. In the recording of depreciation expense, which account is credited? 13. What does accumulated depreciation represent? 14. How is book value calculated, and what does it represent? 15, What is a deferred revenue? Provide an example
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