Chapter 17 discusses depreciation, asset costs, expenses, and values.
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Created by Theresa Horstmann
over 1 year ago
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Created by Theresa Horstmann
over 1 year ago
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Accelerated Cost Recovery System (ACRS)
Accelerated Depreciation
Accumulated Depreciation
Asset Cost
Book Value
Declining-Balance Method
Depreciation
Depreciation Expense
Depreciation Schedule
Estimated Useful Life
General Depreciation System (GDS)
Modified Accelerated Cost Recovery System (MACRS)
Residual Value
Salvage Value
Straight-Line Method
Straight-Line Rate
Trade-In Value
Units-of-Production Method
