ACC 205 WEEK 3 DQ 2 DEPRECIATION(NEW)/Uoptutorial
Depreciation There is a variety of depreciation methods used to allocate the cost of an asset to all of the accounting periods benefited by the use of the asset. Your client has just purchased a piece of equipment for $100,000. Explain the concept of depreciation. Which of the following depreciation methods would you recommend: straight-line depreciation, double declining balance method, or an alternative method? Guided Response: Let at least two of your peers know if a company would use an accelerated depreciation method for their financial statements or their tax returns. Why do you believe this would be the case?
Depreciation
There is a variety of depreciation methods used to allocate the cost of an asset to all of the accounting periods benefited by the use of the asset. Your client has just purchased a piece of equipment for $100,000. Explain the concept of depreciation. Which of the following depreciation methods would you recommend: straight-line depreciation, double declining balance method, or an alternative method?
Guided Response:
Let at least two of your peers know if a company would use an accelerated depreciation method for their financial statements or their tax returns. Why do you believe this would be the case?
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<strong>ACC</strong> <strong>205</strong> <strong>WEEK</strong> 3 <strong>DQ</strong> 2 <strong>DEPRECIATION</strong>(<strong>NEW</strong>)<br />
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Depreciation<br />
There is a variety of depreciation methods used to allocate the cost of an asset to all of the<br />
accounting periods benefited by the use of the asset. Your client has just purchased a<br />
piece of equipment for $100,000. Explain the concept of depreciation. Which of the<br />
following depreciation methods would you recommend: straight-line depreciation, double<br />
declining balance method, or an alternative method?<br />
Guided Response:<br />
Let at least two of your peers know if a company would use an accelerated depreciation<br />
method for their financial statements or their tax returns. Why do you believe this<br />
would be the case?
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