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What is an amortization schedule used for? A. To track the value of a fixed...

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Accounting

What is an amortization schedule used for?

A. To track the value of a fixed asset over time.

B. To apply standard accounting rules specifying material vs. immaterial assets.

C. To show how much of a loan payment goes to the principal and how much goes to pay interest.

D. To set rules for which asset purchases will be recorded as assets.

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