Explain the difference between depreciation, depletion, and amortization. What general rules dictate how long an item is

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Explain the difference between depreciation, depletion, and amortization. What general rules dictate how long an item is depreciated, depleted, or amortized?

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Core Concepts of Accounting

ISBN: 978-0470499474

2nd edition

Authors: Cecily A. Raiborn

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Question Posted: Mar 27, 2015 06:26 AM

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Explain the difference between depreciation, depletion, and amortization. What general rules dictate how long an item is

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Depreciation is used to expense the cost of a PPE asset over its useful life Depreciation takes into ...View the full answer

Core Concepts of Accounting

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