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3 Accounting questions

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Is it necessary for a business to use the same method of computing depreciation (a) for all classes of depreciable assets, (b) in the financial statements and in determining income taxes? Explain your answer.;What is depreciation and what are some of the methods we use to claculate it? Provide examples, show your formula/work.;In what financial statement are plant assets reported and hiow are they presented?

 

Paper#76703 | Written in 18-Jul-2015

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