Question: Question 3 (10 marks) 1. State two generally accepted accounting principles that relate to adjusting the accounts. 2. Explain the differences between depreciation expense and

 Question 3 (10 marks) 1. State two generally accepted accounting principles

Question 3 (10 marks) 1. State two generally accepted accounting principles that relate to adjusting the accounts. 2. Explain the differences between depreciation expense and accumulated depreciation

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