Modified accelerated cost recovery system (MACRS) depreciation is allowed by the IRS but usually is not used

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Modified accelerated cost recovery system (MACRS) depreciation is allowed by the IRS but usually is not used in financial reporting. Why do you think this is the case?

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 30, 2011 04:50 AM

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Modified accelerated cost recovery system (MACRS) depreciation is allowed by the IRS but usually is not used

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MACRS is an accelerated depreciation method allowed by t...View the full answer

Accounting concepts and applications

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