Question: What is the difference between conventional and simplified straight line depreciation? The two methods use a different depreciable basis They use different lifespans Conventional assumes

What is the difference between conventional and simplified straight line depreciation? The two methods use a different depreciable basis They use different lifespans Conventional assumes a zero-salvage value while simplified uses the estimated salvage value O Conventional uses the estimated salvage value of the asset while simplified assumes a salvage value of zero Conventional straight-line is based on the MACRS method while simplified is not

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