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Application

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    Gabriel O.
    ML
    Gabriel O.

    Properties depriciates with different value,even the depreciation for financial statements could consist of some assets being depreciated using the units of production or units of activity method, while other assets are depreciated using the straight line method,

    Wendy C.
    AU
    Wendy C.

    It is common practice for companies to depreciate its plant assets by using the straight line method on its financial statements while using accelerated method on its income tax return.

    Samuel F.
    ZA
    Samuel F.

    Is it acceptable for companies to use two methods of depreciation?

    Harrison A.
    AT
    Harrison A.

    What is application in accounting ?

    Zachary B.
    US
    Zachary B.

    What is an application?

    Diamond T.
    US
    Diamond T.

    Is it acceptable for companies to use two methods of depreciation?

    Douglas R.
    US
    Douglas R.

    Vehicles depreciate with different values.

    Erick V.
    PE
    Erick V.

    es parte de la eleccion de una empresa el tiempo que deprecie un vehículo y el porcentaje que asigne para tal efecto

    Pride C.
    ZW
    Pride C.

    Yes, many companies use two or more methods of depreciation. It is acceptable and common for companies to depreciate its plant assets by using the straight line method on its financial statements, while using an accelerated method on its income tax return. A company could also be depreciating its equipment over ten years for its financial statements, while using seven years for its income tax return. Even the depreciation for financial statements could consist of some assets being depreciated using the units of production or units of activity method, while other assets are depreciated using the straight line method

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