Question;Week Two Discussion Questions 1;?;What are the differences among;valuation, depreciation, amortization, and depletion? Is it appropriate to;calculate depreciation using two different methods? Why?;?;Which depreciation method;provides you with the highest depreciation expense in the first year? Why? 2 dissn;?;What types of industries have;unearned revenue? Why is unearned revenue considered a liability? When is the;unearned revenue recognized in the financial statements?;?;Why do companies issue bonds?;Would you rather buy a bond at a discount or a premium rate? Why? What is the;determining factor of whether a bond is sold at a discount, face value, or;premium? 3 disscn;?;What is the straight-line;method of amortizing discount and premium on bonds payable? Provide an;explanation of the process.;?;How would you describe the;accounting procedures for notes payable and accounts payable?
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