methods of depreciation
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1.
- What are the three methods of depreciation?
- Develop a chart using an example of your choice and calculate the depreciation for 4 years.
- How do the three methods affect the income statement and the balance sheet?
2.
- How are disposals of plant assets accounted for?
- How are natural resources and intangible assets accounted for? Why is this important?
Make sure your response addressing the following questions include an in-text citation or a brief quote from the reading material where appropriate.
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