Depreciation on piece of factory equipment

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Reference no: EM13864875

During fiscal year 2012, Virchow Inc. recorded $10,000 of depreciation on a piece of factory equipment used to manufacture cricket bats.

Which of the following items would be increased by this depreciation entry? (check all that apply)

Current Assets

Net Property, Plant, and Equipment

SG&A Expense

Retained Earnings

Accumulated Depreciation

Reference no: EM13864875

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