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Widgets-R-Us uses the process costing system. During the period, depreciation expense of $5,000 was recorded...

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Accounting

Widgets-R-Us uses the process costing system. During the period, depreciation expense of $5,000 was recorded for the manufacturing equipment. How will that affect the accounting equation? O Liabilities and equity will decrease. Assets and equity will decrease. Only equity will decrease. Only assets will increase

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