Asset retirement obligation is estimated to be $250K at origination (based on an 8% discount...
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Accounting
Asset retirement obligation is estimated to be $ at origination based on an discount rate The entry to record accretion expense at the end of the asset's second year: A reduces equity by K B increases assets by K C increases liabilities by K D reduces equity by K 
Asset retirement obligation is estimated to be $ at origination based on an discount rate The entry to record accretion expense at the end of the asset's second
year:
A reduces equity by K
B increases assets by K
C increases liabilities by
K
D reduces equity by K
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