Does the method of depreciation required to be used for tax purposes reflect the use of a

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Does the method of depreciation required to be used for tax purposes reflect the use of a piece of equipment? Can you use double-declining-balance depreciation for tax purposes?

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Fundamental financial accounting concepts

ISBN: 978-0078025365

8th edition

Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward

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Question Posted: Oct 26, 2013 06:59 AM

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Does the method of depreciation required to be used for tax purposes reflect the use of a

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The method required for tax purposes MACRS does not necessarily reflect the use of the asset The re...View the full answer

Fundamental financial accounting concepts

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