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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 398 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Are the amounts at which fixed assets are reported in the balance sheet their approximate market values as of the balance sheet date? Discuss.
Under what conditions is the use of an accelerated depreciation method most appropriate? b. Why is an accelerated depreciation method often used for income tax purposes?
What is the Modified Accelerated Cost Recovery System (MACRS), and under what conditions is it used?
Is it necessary for a business to use the same method of computing depreciation (a) for all classes of its depreciable assets, (b) in the financial statements and in determining income taxes?
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